Reinsurance Group of America Inc expected to post earnings of $5.09 a share - Earnings Preview

Reinsurance of America, Incorporated

31/07/2024 03:01

* Reinsurance Group of America Inc  RGA.N   RGA  is expected
to show a rise in quarterly revenue when it reports  results on
August 1 for the period ending June 30 2024
    * The Chesterfield Missouri Missouri-based  company is
expected to
report a 20.2% increase in revenue to $4.998 billion from $4.16
billion a year ago, according to the mean estimate from 4
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 $5.09 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"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 $235.50​, above​ its last closing price
of $225.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   4.56        4.55       6.02      Beat    32.2
 Dec. 31 0001              4.46       4.73      Beat    6
 Jan. 1 0001   4.27        4.27                         6.2​
 Jan. 1 0001   4.14        4.14                         6.2
 ​​Mar.        3.31        3.38       5.16      Beat    52.8
 31 2023                                                
               3.73        3.73       2.99      Missed  -19.8​
 Jan. 1 0001   2.95        3.00       5.20      Beat    73.6
 Jan. 1 0001   2.74        2.77       5.78      Beat    108.9
 This summary was machine generated July 31 at 02:00 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)