Baldwin Insurance Group Inc expected to post earnings of 34 cents a share - Earnings Preview

Baldwin Insurance,

02/11/2024 04:09

* Baldwin Insurance Group Inc  BWIN.OQ   BWIN.O  is expected
to show a rise in quarterly revenue when it reports  results on
November 4 for the period ending September 30 2024
    * The Tampa Florida-based  company is expected to report a
13.4% increase in revenue to $347.431 million from $306.27
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on August 6
2024, for the period ended September 30, was for revenue between
$340.00 million and $350.00 million. (Sal majority basis is on
Total revenue(base + partnership revenue))
    * ​LSEG's mean analyst estimate for Baldwin Insurance Group
Inc is
for earnings of 34 cents per share. The company's EPS guidance
on August 6 2024, for the period ended September 30, was between
$0.32 and $0.36 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Baldwin
Insurance
Group Inc is $54.00​, above​ its last closing price of $45.29.
​​​

The company's guidance on August 6 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD340 million and
USD76 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.33        0.33       0.34      Beat    3.3
 Mar. 31 2024  0.53        0.52       0.56      Beat    7.1
 Dec. 31 2023  0.12        0.11       0.14      Beat    23.3​
 Sep. 30 2023  0.28        0.27       0.29      Beat    5.8
 ​​Jun.        0.27        0.27       0.27      Met     0.6
 30 2023                                                
 Mar. 31 2023  0.41        0.41       0.42      Beat    3.7​
 Jan. 1 0001   0.13        0.12       0.12      Met     -1.3
 Sep. 30 2022  0.16        0.17       0.18      Beat    5.9
 This summary was machine generated November 2 at 04:09 GMT.  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)