Reinsurance Gr Q4 Adj EPS $4.73 Beats $4.46 Estimate, Sales $5.01B Beat $4.55B Estimate
Portfolio Pulse from totan@benzinga.com
Reinsurance Gr (NYSE:RGA) reported Q4 adjusted EPS of $4.73, surpassing the $4.46 estimate, a 58.19% increase from last year. Sales reached $5.01B, exceeding the $4.55B estimate, marking a 14.45% increase from the previous year.
February 01, 2024 | 9:17 pm
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Reinsurance Gr reported a significant beat on both EPS and sales estimates for Q4, indicating strong financial performance and growth.
The substantial beat on both earnings per share and sales estimates for Q4, compared to analyst expectations, suggests a strong financial performance and positive growth trajectory for Reinsurance Gr. This is likely to instill investor confidence and could lead to a short-term uptick in RGA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100