Reinsurance Gr Q1 2024 Adj EPS $6.02 Beats $4.55 Estimate
Portfolio Pulse from Benzinga Newsdesk
Reinsurance Gr (NYSE:RGA) reported its Q1 2024 earnings with an adjusted EPS of $6.02, surpassing the analyst consensus estimate of $4.55 by 32.31%.
May 02, 2024 | 8:17 pm
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Reinsurance Gr reported a significant earnings beat for Q1 2024, with an adjusted EPS of $6.02 against estimates of $4.55.
Earnings beats typically lead to positive investor sentiment and can cause a short-term increase in stock price. RGA's substantial beat of analyst estimates by 32.31% is likely to be viewed very favorably by the market, suggesting a potential uptick in its stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100