Reinsurance Group: Q2 Earnings Snapshot

CHESTERFIELD, Mo. (AP) — CHESTERFIELD, Mo. (AP) — Reinsurance Group of America Inc. (RGA) on Thursday reported second-quarter profit of $203 million.

On a per-share basis, the Chesterfield, Missouri-based company said it had net income of $3.03. Earnings, adjusted for non-recurring costs, were $5.48 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.94 per share.

The reinsurance company posted revenue of $4.88 billion in the period. Its adjusted revenue was $5.15 billion, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $4.92 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RGA at https://www.zacks.com/ap/RGA