Baldwin Group's Q3 revenue rises 8%, beats estimates

Baldwin Insurance,

04/11/2025 21:37

Overview

Baldwin Q3 revenue grows 8% to $365.4 mln, beating analyst expectations

Adjusted EPS for Q3 at $0.31, exceeding analyst estimates

Company reports Q3 GAAP net loss of $30.2 mln

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

ORGANIC GROWTH - Baldwin reported a 5% organic revenue growth, contributing to the overall revenue increase

CASH FLOW IMPROVEMENT - Adjusted free cash flow increased by 26% due to debt reduction and capital optimization

STABLE EBITDA - Adjusted EBITDA remained at $72.5 million, showing stable operational performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$365.38 mln
$363.72 mln (6 Analysts)
Q3 Adjusted EPS
Beat
$0.31
$0.30 (9 Analysts)
Q3 EPS
-$0.27
Q3 Adjusted Net Income
Beat
$36.50 mln
$35.66 mln (6 Analysts)
Q3 Net Income
-$30.23 mln
Q3 Adjusted EBITDA
Beat
$72.50 mln
$70.59 mln (6 Analysts)
Q3 Adjusted EBITDA Margin
20%
Q3 Operating income
$3.21 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the multiline insurance & brokers peer group is "buy"

Wall Street's median 12-month price target for Baldwin Insurance Group Inc is $33.50, about 33.1% above its November 3 closing price of $22.41

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nBw9tXKY8a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)