Reinsurance Group: Q2 Earnings Snapshot

CHESTERFIELD, Mo. (AP) _ Reinsurance Group of America Inc. (RGA) on Thursday reported second-quarter net income of $198 million.

On a per-share basis, the Chesterfield, Missouri-based company said it had profit of $2.92. Earnings, adjusted for non-recurring costs, were $5.78 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.72 per share.

The reinsurance company posted revenue of $3.89 billion in the period. Its adjusted revenue was $4.14 billion, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $4.01 billion.

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 https://www.zacks.com/ap/RGA