earnings
confidence high
sentiment positive
materiality 0.75
Baldwin Q2 revenue up 14% to $339.8M, net loss $30.9M, adj. EPS $0.34 (+26%)
Baldwin Insurance Group, Inc.
2024-Q2 EPS reported
$0.06
revenue$720,207,000
- Total revenue $339.8M, +14% YoY; organic revenue growth 19%.
- GAAP net loss $30.9M (diluted loss per share $0.28); adjusted net income $40.3M.
- Adjusted diluted EPS $0.34, +26% YoY; adjusted EBITDA $74.9M, +22% YoY.
- Adjusted EBITDA margin 22%, expanded 130 bps vs 21% prior-year period.
- Free cash flow $71.4M in first half 2024, +38% YoY; cash $208.3M, revolver $600M.