Ryan Specialty Holdings Inc reports results for the quarter ended in March - Earnings Summary

Ryan Specialty Holdings

04/05/2023 23:46

* Ryan Specialty Holdings Inc  RYAN.N  reported quarterly
adjusted
earnings of 26 cents​​ per share for the quarter ended in March.
The mean expectation of eleven analysts for the quarter was
for earnings of 25 cents per share.
    * Revenue rose 18.3% to $457.60 million from a year ago;
analysts
expected $441.59 million. 
    * Ryan Specialty Holdings Inc's reported EPS for the quarter
was
11 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.9%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Ryan Specialty Holdings Inc shares had risen by 1.9% this
quarter and lost 1.3% so far this year.
    * The company reported quarterly net income of $36.46
million.
    * Wall Street's median 12-month price target for Ryan
Specialty
Holdings Inc is $48.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 10:46 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.25           0.26           Beat
 Dec. 31 2022      0.26           0.27           Beat
 Sep. 30 2022      0.26           0.25           Missed
 Jun. 30 2022      0.35           0.39           Beat