Arthur J. Gallagher (AJG) came out with quarterly earnings of $2.26 per share, beating the Zacks Consensus Estimate of $2.24 per share. This compares to earnings of $1.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.89%. A quarter ago, it was expected that this insurance and risk-management company would post earnings of $3.40 per share when it actually produced earnings of $3.49, delivering a surprise of 2.65%.Over the l ...

财务业绩 - 公司第二季度收入为27.36亿美元，同比增长14%[1] - 公司第二季度调整后每股收益为2.26美元，同比增长19.6%[1] - 公司第二季度调整后EBITDAC利润率为31.4%，同比提升超过100个基点[1] - 公司第二季度收入为59.25亿美元，同比增长16.9%[8] - 第二季度经调整后每股收益为5.73美元，同比增长16.9%[8] - 第二季度经调整后营业利润为12.81亿美元，同比增长12.6%[8] - 第二季度经调整后税前利润率为21.6%，同比提高0.6个百分点[8] - 第二季度和上半年营业收入分别同比增长18.0%和18.8%[17] - 第二季度和上半年调整后EBITDAC分别同比增长18.0%和18.1%[17] - 第二季度和上半年调整后EBITDAC利润率分别为33.1%和36.8%[17] - 公司第二季度总收入为24.42亿美元[50] - 第二季度净收益为2.85亿美元[50] - 前六个月总收入为60.32亿美元,同比增长17.2%[50] - 前六个月净收益为8.98亿美元,同比增长24.3%[50] - 第二季度每股摊薄收益为1.27美元[50] - 前六个月每股摊薄收益为4.01美元[50] - 第二季度EBITDAC为17.47亿美元[50] - 前六个月EBITDAC为17.47亿美元,同比增长21.7%[50] 业务表现 - 公司客户续保保费同比增长5%，房地产保费增长趋缓而责任险保费增长有所加快[5] - 再保险公司定价保持纪律性，满足客户需求同时保持充足承保能力[5] - 公司经纪业务和第三方理赔业务的业务活动指标保持良好[6] - 公司对2024年及以后保持乐观态度，认为业务状况良好，新业务增长、续保保费上升、并购管线丰富[7] - 第二季度和上半年风险管理分部有机收费分别同比增长7.7%和10.4%[19] - 2024年第二季度经纪业务收入为23.76亿美元，同比增长13.8%[47] - 2024年第二季度经纪业务EBITDAC为6.68亿美元，同比增长18.5%[47] - 2024年第二季度风险管理业务收入为3.98亿美元，同比增长12.5%[47] - 2024年第二季度风险管理业务EBITDAC为0.72亿美元，同比增长19.5%[47] 并购活动 - 公司第二季度完成12笔并购交易，预计年化收入7200万美元[4] - 公司目前并购管线超过5亿美元年化收入[4] - 第二季度完成12起收购，预计年化收购收入为7200万美元[12] 费用管理 - 第二季度经调整后薪酬费用占收入比为51.2%，与上年同期持平[13,14] - 第二季度经调整后营业费用占收入比为12.0%，同比下降0.9个百分点[15,16] - 第二季度和上半年风险管理分部调整后薪酬费用占收入比分别为60.9%和60.5%[21] - 第二季度和上半年风险管理分部调整后营业费用占收入比分别为18.5%和18.9%[23] - 第二季度和上半年风险管理分部薪酬费用占收入比同比分别上升1.4个百分点和0.8个百分点[22] - 第二季度和上半年风险管理分部营业费用占收入比同比分别下降2.6个百分点和2.1个百分点[24] 财务指标调整 - 公司第二季度调整后税前利润中,经纪业务调整项目为2.913亿美元,主要为无现金期间费用[3] - 公司财务报表中包含非公认会计准则(Non-GAAP)指标,需要参考相关说明[57] - 公司财务报表中包含税前利润、税后利润和每股摊薄收益等指标的调整情况[58] - 2024年第二季度经纪业务税前利润为4.463亿美元，调整后为7.376亿美元[56] - 2024年第二季度风险管理业务税前利润为6,540万美元，调整后为6,700万美元[56] - 2024年第二季度企业税前亏损为1.461亿美元，调整后为1.433亿美元[56] - 2024年第二季度经纪业务税后利润为3.308亿美元，调整后为5.484亿美元[56] - 2024年第二季度经纪业务每股摊薄净收益为1.48美元，调整后为2.46美元[56] - 2024年第二季度风险管理业务每股摊薄净收益为0.21美元，调整后为0.22美元[56] - 2024年第二季度企业每股摊薄净亏损为0.43美元，调整后为0.42美元[56] - 2023年第二季度经纪业务收益为2.903亿美元[59] - 2023年第二季度经纪业务调整后收益为4.592亿美元[59] - 2024年6月30日结束的12个月经纪业务收益为9.854亿美元[59] - 2024年6月30日结束的12个月经纪业务调整后收益为13.561亿美元[59] - 2023年6月30日结束的12个月经纪业务收益为8.056亿美元[59] - 2023年6月30日结束的12个月经纪业务调整后收益为11.369亿美元[59] - 2023年第二季度风险管理业务收益为0.367亿美元[59] - 2023年第二季度风险管理业务调整后收益为0.384亿美元[59] - 2024年6月30日结束的12个月风险管理业务收益为0.871亿美元[59] - 2024年6月30日结束的12个月风险管理业务调

ROLLING MEADOWS, Ill., July 25, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today reported its financial results for the quarter ended June 30, 2024.  Management will host a webcast conference call to discuss these results on Thursday, July 25, 2024 at 5:15 p.m. ET/4:15 p.m. CT.  To listen to the call, and for printer-friendly formats of this release and the "CFO Commentary" and "Supplemental Quarterly Data," which may also be referenced during the call, please visit ajg.com/IR.  These docume ...

ROLLING MEADOWS, Ill., July 24, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today declared a regular quarterly cash dividend of sixty cents ($0.60) per share on the Common Stock of the Company, payable on September 20, 2024 to Stockholders of Record as of September 6, 2024.Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.  Gallagher provides these services in approximately 130 count ...

ROLLING MEADOWS, Ill., July 24, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the appointment of Richard Harries to the company's Board of Directors.Mr. Harries has more than 35 years of insurance industry experience in the UK and other highly regulated markets and has experience growing businesses as an operational leader. Most recently, he has held roles as chief executive officer and director, chief underwriting officer and energy underwriter at Atrium Underwriters Limited. Additionally, ...

Arthur J. Gallagher & Co. (AJG) is slated to report second-quarter 2024 earnings on Jul 25, after market close. The insurer delivered an earnings surprise in each of the last four reported quarters, the average beat being 2.25%.Factors to ConsiderBetter performance in both segments, aided by new business, strong retention and increasing renewal premiums across its business lines, is likely to have benefited Arthur J. Gallagher’s second-quarter performance.Revenues associated with acquisitions, the organic c ...

文章核心观点 - 华尔街预期Arthur J. Gallagher (AJG)在2024年6月结束的季度中，其盈利和收入将实现同比增长。公司的实际业绩与市场预期的对比将显著影响其股价。如果实际业绩超过预期，股价可能上涨；反之，则可能下跌[1][2] Zacks共识预测 - Arthur J. Gallagher预计将在即将发布的报告中实现每股收益$2.24，同比增长17.9%。收入预计将达到$2.76 billion，同比增长14.5%[4] 预测修正趋势 - 在过去30天内，对本季度的共识每股收益预测上调了0.4%，反映出覆盖分析师对初始预测的集体重新评估[5] 盈利预测模型 - Zacks的盈利ESP模型通过比较最新的Zacks共识预测与最准确的预测，来预测盈利的潜在偏差。一个正的ESP值理论上指示实际盈利可能超过共识预测。特别是当结合Zacks排名1（强力买入）、2（买入）或3（持有）时，正的ESP值是一个强有力的盈利超预期指标[7][8][9][10] 具体公司分析 - Arthur J. Gallagher的最准确预测高于Zacks共识预测，显示出分析师近期对公司盈利前景的乐观态度。这导致了一个正的ESP值+0.16%，结合其当前的Zacks排名3，表明公司很可能超过共识每股收益预测[12] - 在过去四个季度中，Arthur J. Gallagher每次都超过了共识每股收益预测，最近一次季度实现了每股$3.49的收益，超出预期2.65%[14] 行业对比 - 在Zacks保险经纪行业中，Brown & Brown (BRO)预计将在2024年6月结束的季度中实现每股收益$0.87，同比增长27.9%。收入预计将达到$1.14 billion，同比增长8.8%。尽管过去30天内其共识每股收益预测未变，但其ESP值为0.00%，结合其Zacks排名3（持有），使得预测其超过共识每股收益变得困难。然而，Brown & Brown在过去四个季度中每次都超过了共识每股收益预测[18][19][20]

Better pricing, prudent underwriting, rising demand for insurance products and global expansion have been driving the Zacks Insurance Brokerage industry. Industry players like Marsh & McLennan Companies, Inc. (MMC) , Aon plc (AON) , Arthur J. Gallagher & Co. (AJG) , Willis Towers Watson Public Limited Company (WTW) and Brown & Brown, Inc. (BRO) are poised to grow from consolidations in this traditionally-fragmented industry.Increased digitization should help the industry to improve basis points, scale and e ...

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Arthur J. Gallagher & Co. (AJG) recently acquired Cleary Benefits Group Inc. The terms of the transaction have not been revealed yet.Danbury, CT-based Cleary Benefits Group was founded in 1998. It is an independent, privately owned, strategic benefits advisory company. The company provides all-inclusive health & welfare benefits consulting services and delivers senior-level expertise, entrepreneurial thinking and guaranteed performance. It primarily serves mid-size to large commercial clients.The acquisitio ...