Reinsurance Group of America Inc expected to post earnings of $5.31 a share - Earnings Preview

Reinsurance of America, Incorporated

29/10/2024 21:02

* Reinsurance Group of America Inc  RGA.N   RGA  is expected
to show a fall in quarterly revenue when it reports  results on
October 31 for the period ending September 30 2024
    * The Chesterfield Missouri Missouri-based  company is
expected to
report a 0.5% decrease in revenue to $5.126 billion from $5.15
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 $5.31 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"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 243.00​, above​ its last closing price
of $212.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  5.16        5.09       5.48      Beat    7.8
 Mar. 31 2024  4.56        4.55       6.02      Beat    32.2
 Dec. 31 2023  4.46        4.46       4.73      Beat    6​
 Sep. 30 2023  4.27        4.27       5.57      Beat    30.3
 ​​Jun.        4.14        4.14       4.40      Beat    6.2
 30 2023                                                
 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
 This summary was machine generated October 29 at 21:02 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)