Global life reinsurance provider Reinsurance Group of America (NYSE:RGA) will be reporting earnings this Thursday after market hours. Here’s what investors should know.
Reinsurance Group of America beat analysts’ revenue expectations by 3.2% last quarter, reporting revenues of $6.25 billion, up 9.5% year on year. It was a mixed quarter for the company, with a solid beat of analysts’ book value per share estimates but a significant miss of analysts’ net premiums earned estimates.
Is Reinsurance Group of America a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Reinsurance Group of America’s revenue to grow 15.8% year on year to $6.35 billion, improving from the 6.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $5.75 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Reinsurance Group of America has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 6.8% on average.
Looking at Reinsurance Group of America’s peers in the insurance segment, some have already reported their Q4 results, giving us a hint as to what we can expect. RenaissanceRe delivered year-on-year revenue growth of 29.6%, beating analysts’ expectations by 1.4%, and AXIS Capital reported revenues up 8.9%, topping estimates by 1.8%. AXIS Capital’s stock price was unchanged following the results.
Read our full analysis of RenaissanceRe’s results here and AXIS Capital’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3.3% on average over the last month. Reinsurance Group of America is down 1.1% during the same time and is heading into earnings with an average analyst price target of $236.89 (compared to the current share price of $202.56).
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