Arthur J. Gallagher (AJG) Q2 Earnings Beat Estimates, Rise Y/Y
Arthur J. Gallagher & (AJG) ZACKS·2024-07-26 23:11
Arthur J. Gallagher & Co. (AJG) reported second-quarter 2024 adjusted net earnings of $2.26 per share, which beat the Zacks Consensus Estimate by 0.8%. The bottom line increased 19.5% on a year-over-year basis.The quarter’s results overall benefited from adjusted EBITDAC margin expansion across the Brokerage and Risk Management segments and higher commissions, fees and supplemental, contingent revenues, premium finance revenues and other income, partly offset by an elevated overall expense level.Operational ...