Reinsurance Group Of America Inc (RGA) announced earnings for fourth quarter that decreased from last year and missed the Street estimates.
The company's bottom line came in at $148 million, or $2.22 per share. This compares with $158 million, or $2.37 per share, last year.
Excluding items, Reinsurance Group Of America Inc reported adjusted earnings of $334 million or $4.99 per share for the period.
Analysts on average had expected the company to earn $5.26 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.7% to $5.241 billion from $5.007 billion last year.
Reinsurance Group Of America Inc earnings at a glance (GAAP) :
-Earnings: $148 Mln. vs. $158 Mln. last year.-EPS: $2.22 vs. $2.37 last year.-Revenue: $5.241 Bln vs. $5.007 Bln last year.
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