Reinsurance Group of America Inc reports results for the quarter ended in June - Earnings Summary

Reinsurance of America, Incorporated

04/08/2023 06:16

* Reinsurance Group of America Inc  RGA.N  reported
quarterly
adjusted earnings of $4.40​​ per share for the quarter ended in
June. The mean expectation of thirteen analysts for the quarter
was for earnings of $4.14 per share.
    * Revenue rose 6.9% to $4.16 billion from a year ago;
analysts
expected $4.28 billion. 
    * Reinsurance Group of America Inc's reported EPS for the
quarter
was $3.04​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Reinsurance Group of America Inc shares had risen by 2.6%
this
quarter and gained 0.2% so far this year.
    * The company reported quarterly net income of $205 million.
    * Wall Street's median 12-month price target for Reinsurance
Group
of America Inc is $168.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 05:16 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      4.14           4.40           Beat
 Mar. 31 2023      3.38           5.16           Beat
 Dec. 31 2022      3.73           2.99           Missed
 Sep. 30 2022      3.00           5.20           Beat