Reinsurance Group of America Inc expected to post earnings of $4.28 a share - Earnings Preview

Reinsurance of America, Incorporated

31/10/2023 21:08

* Reinsurance Group of America Inc  RGA.N   RGA  is expected
to show a rise in quarterly revenue when it reports  results on
November 2. 
    * The Chesterfield Missouri Missouri-based  company is
expected to
report  a 6.9% increase in revenue to $4.348 billion from $4.07
billion a year ago, according to the mean estimate from 5
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Reinsurance Group
of
America Inc is for earnings of $4.28 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Reinsurance
Group
of America Inc is $170​, above​ its last closing price
of $149.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  4.14        4.14       4.40      Beat    6.2
 Mar. 31 2023  3.31        3.38       5.16      Beat    52.8
 Dec. 31 2022  3.73        3.73       2.99      Missed  -19.8​
 Sep. 30 2022  2.95        3.00       5.20      Beat    73.6
 ​​Jun.        2.74        2.77       5.78      Beat    108.9
 30 2022                                                
 Mar. 31 2022  -0.85       -0.55      0.47      Beat    185.1​
 Dec. 31 2021  0.48        0.77       -0.56     Missed  -172.9
 Sep. 30 2021  2.44        2.66       -1.11     Missed  -141.7
 This summary was machine generated October 31 at 21:08 GMT.  All
figures in US dollars  unless otherwise stated