AJG - Arthur J.Gallagher Non-GAAP EPS of $1.54 beats by $0.04 adj. revenue of $1.99B beats by $30M
- Arthur J.Gallagher press release ( NYSE: AJG ): Q4 Non-GAAP EPS of $1.54 beats by $0.04 .
- Adj. Revenue of $1.99B (+6.4% Y/Y) beats by $30M .
- "During the quarter, our core brokerage and risk management segments combined to post 16% growth in revenue, of which 11.7% was organic revenue growth. We completed 17 new tuck-in mergers in the quarter and our newly acquired reinsurance brokerage operations finished the year ahead of our pro forma revenue and EBITDAC estimate. Global primary P/C renewal premium increases were more than 9% in the quarter, consistent with the first three quarters of 2022. The labor market imbalance continues to drive strong demand for our benefits and HR consulting services, while our risk management segment, Gallagher Bassett, continues to see rising claim counts from both existing and new clients." said J. Patrick Gallagher, Jr., Chairman, President and CEO.
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Arthur J.Gallagher Non-GAAP EPS of $1.54 beats by $0.04, adj. revenue of $1.99B beats by $30M