CHESTERFIELD, Mo. (AP) — CHESTERFIELD, Mo. (AP) — Reinsurance Group of America Inc. (RGA) on Thursday reported first-quarter profit of $210 million.
The Chesterfield, Missouri-based company said it had profit of $3.16 per share. Earnings, adjusted for non-recurring costs, were $6.02 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.51 per share.
The reinsurance company posted revenue of $6.34 billion in the period. Its adjusted revenue was $6.19 billion, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $4.54 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RGA at https://www.zacks.com/ap/RGA
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
