Reinsurance Group of America 2Q Earnings Pregame Scorecard
Last quarter Reinsurance Group of America (NYSE:RGA) hit analyst's estimates and it will report again on Thursday, July 26, 2012.
Expectations
Analysts currently expect Reinsurance Group of America to come in with earnings of $1.78 per share on revenues of $2.26 billion. Estimates from analysts range from earnings per share to earnings per share. Over the past three months, the average estimate has moved up from $1.73.
Stock Movement
In terms of price changes, the stock's best recent streak was when it gained $3.88 per share between June 28, 2012 and July 3, 2012.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as eight analysts rate it as a buy and there are no sell ratings. That rating hasn't budged in three months as the average analyst rating of the stock has remained steadfast.
Last Quarter's Results
In the first quarter, profit fell 23.3% to $123.3 million ($1.67 a share) from $160.8 million ($2.18 a share) the year earlier, meeting analyst expectations. Revenue rose 0.5% to $2.29 billion from $2.28 billion.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012
EPS: $1.78
Revenue Estimate: $2.26 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)