Reinsurance Group of America Fourth Quarter Earnings Sneak Peek

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Reinsurance Group of America (NYSE:RGA) will unveil its latest earnings on Monday, January 30, 2012. Reinsurance Group of America is an insurance holding company engaged in traditional individual and group life, asset-intensive, critical illness and financial reinsurance.

Reinsurance Group of America Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.84 per share, a decline of 14.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.85. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.84 during the last month. For the year, analysts are projecting profit of $7.20 per share, a rise of 6.7% from last year.

Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the third quarter, it reported net income of $2.04 per share against a mean estimate of profit of $1.87 per share. In the second quarter, it missed forecasts by 10 cents.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

Wall St. Revenue Expectations: On average, analysts predict $2.31 billion in revenue this quarter, a rise of 1.8% from the year ago quarter. Analysts are forecasting total revenue of $8.74 billion for the year, a rise of 5.8% from last year’s revenue of $8.26 billion.

Analyst Ratings: Analysts are bullish on this stock with six analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the third quarter, profit rose 14.9% to $147.4 million ($1.98 a share) from $128.2 million ($1.72 a share) the year earlier, exceeding analyst expectations. Revenue rose 2% to $1.99 billion from $1.96 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 4.6% in the second quarter and 31.3% in the first quarter.

Revenue has risen the past four quarters. Revenue rose 14.1% in the second quarter from the year earlier, climbed 8.7% in the first quarter from the year-ago quarter and 17% in the fourth quarter of the last fiscal year.

Competitors to Watch: American Independence Corp. (NASDAQ:AMIC), Transatlantic Hldgs., Inc. (NYSE:TRH), PartnerRe Ltd. (NYSE:PRE), Everest Re Group, Ltd. (NYSE:RE).

Stock Price Performance: During November 23, 2011 to January 24, 2012, the stock price had risen $7.69 (15.8%) from $48.54 to $56.23. It saw one of its worst periods between July 21, 2011 and August 8, 2011 when shares fell for 13-straight days, falling 26.6% (-$16.49) over that span. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 7, 2011 when shares rose for eight-straight days, rising 6.5% (+$3.88) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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