Arthur J. Gallagher & -Arthur J. Gallagher (AJG) Q1 Earnings Beat, Revenues Rise Y/Y

Arthur J. Gallagher & Co. (AJG) reported first-quarter 2024 adjusted net earnings of $3.49 per share, which beat the Zacks Consensus Estimate by 2.6%. Moreover, the bottom line increased 15.5% on a year-over-year basis. Total revenues were$ 3.2 billion, up 20.3% year over year, primarily driven by higher commissions, fees and supplemental, contingent revenues and interest income, premium finance revenues, and other income. Moreover, the top line beat the Zacks Consensus Estimate by 2%. The quarter’s results ...