Baldwin Insurance Group Inc expected to post earnings of 52 cents a share - Earnings Preview

Baldwin Insurance,

04/05/2024 03:12

* Baldwin Insurance Group Inc  BRP.OQ   BRP.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 7
for the period ending January 1 0001
    * The Tampa Florida-based  company is expected to report a
13.7% increase in revenue to $375.774 million from $330.45
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on February
28 2024, for the period ended March 31, was for revenue between
$370.00 million and $380.00 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 52 cents per share. The company's EPS guidance
on February 28 2024, for the period ended March 31, was between
$0.51 and $0.55 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"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 $34.50​, above​ its last closing price of $27.54.
​​​

The company's guidance on February 28 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD370 million and USD100 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  
 Dec. 31 2023  0.12        0.11       0.14      Beat    23.3
 Sep. 30 2023  0.28        0.27       0.29      Beat    5.8
 Jan. 1 0001   0.27        0.27       0.27      Met     ​
 Jan. 1 0001   0.41        0.41       0.42      Beat    3.7
 ​​Jan.        0.13        0.12       0.12      Met     -1.3
 1 0001                                                 
 Jan. 1 0001   0.16        0.17       0.23      Beat    5.9​
 Jun. 30 2022  0.20        0.20       0.23      Beat    14.8
 Mar. 31 2022  0.52        0.52       0.50      Missed  -3.3
 This summary was machine generated May 4 at 02:12 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)