Reinsurance Group of America, Incorporated (NYSE:RGA) is expected to report second quarter earnings results, after market close, on Tuesday 4th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.89 per share.
Looking ahead, the full year income are expected at $ 5.01 per share on the revenues of $ 14284.90 million.
Previous Quarter Performance
Reinsurance Group of America, Incorporated outlined income for the first quarter of $ 1.41 per share, from the revenue of $ 3,204.00 million. The quarterly earnings lowered 45.98 percent while revenues reduced 6.32 percent compared with the same quarter last year.
According to street consensus, RGA was expected to report 1Q20 income of $ 2.34 per share from revenue of $ 3575.83 million. The bottom line results missed street analysts by $ 0.93 or 39.74 percent, at the same time, top line results fell short of analysts by $ 371.83 million or 10.4 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Reinsurance Group of America, Incorporated
Stock Performance
According to the previous trading day, closing price of RGA was $ 85.08, representing a 53.60 % increase from the 52 week low of $ 55.39 and a 49.73 % decrease over the 52 week high of $ 169.26.
The company has a market capital of $ 5.85 billion and is part of the Financial Services sector and Insurance – Reinsurance industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”RGA” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Stock Dividend Announcement
On May 5, 2020, the board of directors authorized quarterly dividend of $ 0.70 per share to holders of record as of the close of business on May 21, 2020, with payment date of June 4, 2020 and ex-dividend date on May 20, 2020.
Reinsurance Group of America, Incorporated engages in reinsurance business. It offers individual and group life and health insurance products, including term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products, as well as asset-intensive and financial reinsurance products. The company also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks.
