Reinsurance Group of America (RGA) reported Q1 adjusted operating earnings late Thursday of $5.66 per diluted share compared with $6.02 a year earlier.
Analysts polled by FactSet expected $5.31.
Revenue for the quarter that ended March 31 was $5.26 billion compared with $6.34 billion a year earlier.
Analysts expected $5.36 billion.
The reinsurance company declared a quarterly dividend of $0.89 per share, unchanged from the prior quarter and payable May 27 to shareholders of record on May 13.
The company also said it expects to close its transaction disclosed Feb. 24 to reinsure 75% of Equitable's in-force life insurance liabilities by mid-2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.