Reinsurance Group (RGA) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Reinsurance Group (RGA) due to higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - RGA is expected to report quarterly earnings of $5.90 per share, reflecting an 18.2% increase year-over-year, and revenues of $6.01 billion, which is a 9.5% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.64% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for RGA is lower than the consensus estimate, resulting in an Earnings ESP of -2.85%, suggesting bearish sentiment among analysts [12]. Historical Performance - In the last reported quarter, RGA exceeded the expected earnings of $5.80 per share by delivering $6.37, achieving a surprise of +9.83% [13]. Over the last four quarters, RGA has beaten consensus EPS estimates twice [14]. Industry Comparison - In the broader insurance industry, Voya Financial is expected to post earnings of $2.11 per share, a 40.7% year-over-year increase, with revenues projected at $332.41 million, up 91% from the previous year [18]. However, Voya's consensus EPS estimate has been revised down by 1.3% in the last 30 days, resulting in an Earnings ESP of +0.10% [19].