Reinsurance Group of America Inc reports results for the quarter ended March 31 - Earnings Summary

Reinsurance of America, Incorporated

02/05/2025 05:25

Reinsurance Group of America Inc RGA.N reported quarterly adjusted earnings of $5.66​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $6.02.  The mean expectation of eleven analysts for the quarter was for earnings of $5.32 per share. Wall Street expected results to range from $4.91  to $5.76 per share.

Revenue fell 17% to $5.26 billion from a year ago; analysts expected $5.68 billion.

Reinsurance Group of America Inc's reported EPS for the quarter was $4.27​.

The company reported quarterly net income of $286 million.

Reinsurance Group of America Inc shares had fallen by 4.9% this quarter and lost 12.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 7.5% in the last three months.​

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

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "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 $246.00

This summary was machine generated from LSEG data May 2 at 04:24 a.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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
5.32
5.66
Beat
Dec. 31 2024
5.26
4.99
Missed
Sep. 30 2024
5.31
6.13
Beat
Jun. 30 2024
5.09
5.48
Beat