Reinsurance Group of America Second Quarter Earnings Sneak Peek

Reinsurance Group of America (NASDAQ:RGA) will unveil its latest earnings on Monday, July 25, 2011. Reinsurance Group of America is an insurance holding company, which is 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 profit of $1.82 per share, a rise of 11.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.80. For the year, analysts are projecting net income of $7.24 per share, a rise of 7.3% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 4 cents, reporting profit of $1.61 per share against a mean estimate of net income of $1.57 per share.

Savvy Investing Tip: Our CHEAT SHEET investing framework recommends only stocks with two straight quarters of earnings growth. Learn More >>

Wall St. Revenue Expectations: On average, analysts predict $2.14 billion in revenue this quarter, a rise of 12.6% from the year ago quarter. Analysts are forecasting total revenue of $8.83 billion for the year, a rise of 6.9% from last year’s revenue of $8.26 billion.

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

Key Stats:

The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 31.3% while it rose 75% in the fourth quarter of the last fiscal year and 8.5% in the third quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue increased 8.7% to $2.28 billion in first quarter. The figure rose 17% in the fourth quarter of the last fiscal year from the year earlier, climbed 9.9% in the third quarter of the last fiscal year from the year-ago quarter and 6.5% in the second quarter of the last fiscal year.

Competitors to Watch: Principal Financial Group (NYSE:PFG), AFLAC (NYSE:AFL), CIGNA (NYSE:CI), WellPoint (NYSE:WLP), Humana (NYSE:HUM), Universal American (NYSE:UAM), Transatlantic Hldgs., Inc. (NYSE:TRH), PartnerRe Ltd. (NYSE:PRE) American International Group (NYSE:AIG) and Everest Re Group, Ltd. (NYSE:RE).

Stock Price Performance: During May 20, 2011 to July 19, 2011, the stock price had fallen $1.41 (-2.3%) from $62.62 to $61.21. The stock price saw one of its best stretches over the last year between December 31, 2010 and January 12, 2011 when shares rose for nine-straight days, rising 8.1% (+$4.33) over that span. It saw one of its worst periods between March 9, 2011 and March 16, 2011 when shares fell for six-straight days, falling 3.5% (-$2.11) over that span. Shares are up $7.71 (+14.4%) year to date.

(Source: Xignite Financials)

Get Actionable Investing Insights: Check Out Wall St. Cheat Sheet’s newest Feature Trades of the Month!