Arthur J. Gallagher is positioned to beat earnings estimates again in its next quarterly report, supported by a positive Earnings ESP of +0.17% and a Zacks Rank #3 (Hold). The insurance and risk-management company has surpassed consensus estimates in each of the last two quarters, with an average surprise of 1.43%. In the most recent quarter, it reported earnings of $4.47 per share against an estimate of $4.40, a 1.59% beat, while the prior quarter saw earnings of $2.38 per share versus a $2.35 estimate, a 1.28% surprise. The combination of a positive Earnings ESP and a Zacks Rank of #3 or better has historically produced a positive earnings surprise nearly 70% of the time.
Arthur J Gallagher & CoArticle predicts another earnings beat based on positive Earnings ESP and historical trend.