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Reinsurance Group of America Adjusted Operating Income Falls, Revenue Rises; Shares Drop
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Reinsurance Group of America Adjusted Operating Income Falls, Revenue Rises; Shares Drop
Nov 4, 2024 11:43 AM

04:44 PM EDT, 10/31/2024 (MT Newswires) -- Reinsurance Group of America ( RGA ) reported Q3 adjusted operating income late Thursday of $3.62 per diluted share, down from $5.57 a year earlier.

Analysts polled by Capital IQ expected normalized EPS of $5.34.

Revenue in the three months ended Sept. 30 rose to $5.65 billion from $5.15 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.37 billion.

Shares of the company fell 6.2% in recent after-hours activity.

Price: 197.75, Change: -13.33, Percent Change: -6.32

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