Reinsurance Group Of America Inc (RGA) announced a profit for second quarter that Decreased from last year and missed the Street estimates.
The company's earnings totaled $180 million, or $2.70 per share. This compares with $203 million, or $3.03 per share, last year.
Excluding items, Reinsurance Group Of America Inc reported adjusted earnings of $315 million or $4.72 per share for the period.
Analysts on average had expected the company to earn $5.55 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 14.8% to $5.599 billion from $4.878 billion last year.
Reinsurance Group Of America Inc earnings at a glance (GAAP) :
-Earnings: $180 Mln. vs. $203 Mln. last year.-EPS: $2.70 vs. $3.03 last year.-Revenue: $5.599 Bln vs. $4.878 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.