Ryan Specialty Group Holdings IncTopped Q1 insurance broker earnings with 15.2% revenue growth, beating analyst estimates by 2.1%.
Ryan Specialty posted the strongest first-quarter results among five tracked insurance brokers, with revenue rising 15.2% year on year to $795.2 million and beating analyst estimates by 2.1%. Marsh reported revenue of $7.60 billion, up 7.6% and exceeding expectations by 2.9%, while Brown & Brown's revenue grew 35.4% to $1.90 billion but missed organic revenue estimates. Arthur J. Gallagher's revenue increased 27.7% to $4.75 billion, in line with forecasts, and Baldwin Insurance Group's revenue climbed 28.7% to $532.2 million, surpassing estimates by 3.2%. As a group, the five brokers' revenues beat consensus by 1.7%, though their average share price has fallen 3.8% since reporting.
Ryan Specialty Group Holdings IncTopped Q1 insurance broker earnings with 15.2% revenue growth, beating analyst estimates by 2.1%.
The Baldwin Insurance Group, Inc.Revenue climbed 28.7% to $532.2 million, surpassing estimates by 3.2%.
Brown & Brown IncMissed organic revenue estimates despite 35.4% revenue growth.
Marsh & McLennan Companies, Inc.Revenue up 7.6% and exceeded expectations by 2.9%.
Arthur J Gallagher & CoRevenue growth in line with forecasts, but no specific impact on Arthur J. Gallagher from this article.