earnings
confidence high
sentiment positive
materiality 0.75
Gallagher Q3 combined brokerage and risk management revenue up 15%, adjusted EPS $1.72
Arthur J. Gallagher & Co.
2022-Q3 EPS reported
$4.57
revenue$6,522,300,000
- Total revenues $2,012M ($2,013M adjusted); net earnings $256.3M ($370.8M adjusted).
- Brokerage segment revenues $1,736.2M, up 15.8%; adjusted EBITDAC $560.3M, up 15.7%.
- Combined brokerage and risk management organic revenue growth 8.4% in Q3.
- Completed 6 new mergers with estimated annualized revenues of $20.4M.
- Global renewal premium increases approximated 10.5%, higher than first-half 2022.