NYSE:RGAInsurance
Reinsurance Group of America (RGA) Net Margins Narrow; Undervalued Shares Challenge Bearish Narratives
Reinsurance Group of America (RGA) posted net profit margins of 3.5%, a step down from last year’s 4%, with earnings growth in the last twelve months landing in negative territory. Over the past five years, however, earnings have increased at a rate of 7.1% per year. Looking forward, analysts expect earnings to grow substantially faster at 20.2% annually over the next three years. Investors will note that despite pressures on the bottom line in the short term, RGA’s numbers remain attractive...