Arthur J. Gallagher & Co. reports results for the quarter ended December 31 - Earnings Summary
30/01/2025 23:32
* Arthur J. Gallagher & Co. AJG.N reported quarterly
adjusted
earnings of $2.13 per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $1.85. The mean expectation of
seventeen analysts for the quarter was for earnings of $2.03 per
share. Wall Street expected results to range from $1.90
to $2.12 per share.
* Revenue rose 11.7% to $2.67 billion from a year ago;
analysts
expected $2.69 billion.
* Arthur J. Gallagher & Co.'s reported EPS for the quarter
was
$1.12.
* The company reported quarterly net income of $258.3
million.
* Arthur J. Gallagher & Co. shares had risen by 3.6% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 3.5%
in the last three months.
* In the last 30 days, seven analysts negatively revised
earnings
estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the multiline
insurance
& brokers peer group is also "buy"
Wall Street's median 12-month price target for Arthur J.
Gallagher & Co. is $308.00
This summary was machine generated from LSEG data January 30 at
11:32 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 2.03 2.13 Beat
Sep. 30 2024 2.27 2.26 Missed
Jun. 30 2024 2.24 2.26 Beat
Mar. 31 2024 3.41 3.49 Beat