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RNR — RenaissanceRe Holdings News Story

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Renaissancere Holdings Ltd reports results for the quarter ended June 30 - Earnings Summary

Renaissancere Holdings Ltd RNR.N reported quarterly adjusted earnings of $12.29​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $12.41.  The mean expectation of thirteen analysts for the quarter was for earnings of $9.84 per share. Wall Street expected results to range from $8.82  to $11.35 per share.

Revenue fell 5.1% to $2.41 billion from a year ago; analysts expected $2.49 billion.

Renaissancere Holdings Ltd's reported EPS for the quarter was $17.20​.

The company reported quarterly net income of $826.51 million.

Renaissancere Holdings Ltd shares had fallen by 2.4% this quarter and lost 4.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

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

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the reinsurance peer group is  "buy."

Wall Street's median 12-month price target for Renaissancere Holdings Ltd is $265.50, about 10.6% above its last closing price of $237.25

This summary was machine generated from LSEG data July 23 at 09:44 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 20259.8412.29Beat
Mar. 31 2025-1.27-1.49Missed
Dec. 31 20247.038.06Beat
Sep. 30 20247.7510.23Beat

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