CHESTERFIELD, Mo. (AP) _ Reinsurance Group of America Inc. (RGA) on Thursday reported first-quarter net income of $145.5 million.
On a per-share basis, the Chesterfield, Missouri-based company said it had net income of $2.22. Earnings, adjusted for investment gains, came to $1.86 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.11 per share.
The reinsurance company posted revenue of $3.01 billion in the period.
Reinsurance Group shares have risen 3 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $129.59, a climb of 34 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 https://www.zacks.com/ap/RGA
Keywords: Reinsurance Group, Earnings Report