Reinsurance Group of America Inc expected to post earnings of $4.42 a share - Earnings Preview

Reinsurance of America, Incorporated

30/01/2024 21:06

* Reinsurance Group of America Inc  RGA.N   RGA  is expected
to show a rise in quarterly revenue when it reports  results on
February 1 for the period ending December 31 2023
    * The Chesterfield Missouri Missouri-based  company is
expected to
report a 3.9% increase in revenue to $4.546 billion from $4.38
billion a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Revenue)
    * ​LSEG's mean analyst estimate for Reinsurance Group of
America
Inc is for earnings of $4.42 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Reinsurance
Group
of America Inc is $188.50​, above​ its last closing price
of $171.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  4.27        4.27       5.57      Beat    30.3
 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.        2.95        3.00       5.20      Beat    73.6
 30 2022                                                
 Jun. 30 2022  2.74        2.77       5.78      Beat    108.9​
 Mar. 31 2022  -0.85       -0.55      0.47      Beat    185.1
 Dec. 31 2021  0.48        0.77       -0.56     Missed  -172.9
 This summary was machine generated January 30 at 21:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)