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CHESTERFIELD, Mo. (AP) _ Reinsurance Group of America Inc. (RGA) on Thursday reported second-quarter net income of $130.4 million.
On a per-share basis, the Chesterfield, Missouri-based company said it had net income of $1.94.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.18 per share.
The reinsurance company posted revenue of $2.65 billion in the period.
Reinsurance Group shares have increased 12 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $97.81, a climb of 24 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RGA at http://www.zacks.com/ap/RGA
Keywords: Reinsurance Group, Earnings Report
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