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RGA — Reinsurance of America, Incorporated News Story

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Reinsurance Group of America Inc reports results for the quarter ended June 30 - Earnings Summary

Reinsurance Group of America Inc RGA.N reported quarterly adjusted earnings of $4.72​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $5.48.  The mean expectation of ten analysts for the quarter was for earnings of $5.57 per share. Wall Street expected results to range from $5.36  to $5.88 per share.

Revenue rose 14.8% to $5.60 billion from a year ago; analysts expected $5.68 billion.

Reinsurance Group of America Inc's reported EPS for the quarter was $2.70​.

The company reported quarterly net income of $180 million.

Reinsurance Group of America Inc shares had fallen by 4.0% this quarter and lost 10.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.9% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the reinsurance peer group is also "buy"

Wall Street's median 12-month price target for Reinsurance Group of America Inc is $245.50, about 21.6% above its last closing price of $192.45

This summary was machine generated from LSEG data July 31 at 09:48 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20255.574.72Missed
Mar. 31 20255.325.66Beat
Dec. 31 20245.264.99Missed
Sep. 30 20245.316.13Beat

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