Ryan Specialty Tops Q1 Insurance Broker Earnings With 15.2% Revenue Growth

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

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.

Impact on stocks 5

Financials± Mixed · 5 stocks
Brown & Brown Inc
BRO
▼ NegativeCapitalrelevance

Missed organic revenue estimates despite 35.4% revenue growth.

Arthur J Gallagher & Co
AJG
± MixedCapitalrelevance

Revenue growth in line with forecasts, but no specific impact on Arthur J. Gallagher from this article.