RGA shares dipped 14.12% on August 2 and 5, presenting a buying opportunity. The company specializes in life and health reinsurance, showing steady growth and financial strength. Strong Buy rating with one-year price target of $239.09, supported by earnings growth and dividend increases.
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Reinsurance Group of America, Incorporated (NYSE:RGA ) Q2 2024 Results Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Jeffrey Hopson - Senior Vice President, Investor Relations Tony Cheng - President and Chief Executive Officer Todd Larson - Senior Executive Vice President and Chief Financial Officer Jonathan Porter - Chief Risk Officer Leslie Barbi - Chief Investment Officer Conference Call Participants Joel Hurwitz - Dowling & Partners Wes Carmichael - Autonomous Research Jimmy Bhullar - J.P. Morgan Elyse Greenspan - Wells Fargo Ryan Krueger - Keefe, Bruyette & Woods, Inc. Suneet Kamath - Jefferies Thomas Gallagher - Evercore ISI John Barnidge - Piper Sandler Michael Ward - Citigroup Operator Good day and welcome to the Reinsurance Group of America, Incorporated second quarter 2024 earnings conference call.
Reinsurance Group (RGA) Q2 results reflect solid performance in the U.S. and Latin America, Europe, Middle East and Africa (EMEA) and Asia/Pacific segments, partially offset by weakness in the Canada segment.
Although the revenue and EPS for Reinsurance Group (RGA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Reinsurance Group (RGA) came out with quarterly earnings of $5.48 per share, beating the Zacks Consensus Estimate of $4.94 per share. This compares to earnings of $4.40 per share a year ago.
Does Reinsurance Group (RGA) have what it takes to be a top stock pick for momentum investors? Let's find out.
Reinsurance Group (RGA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Beyond analysts' top -and-bottom-line estimates for Reinsurance Group (RGA), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
Reinsurance Group (RGA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.