earnings
confidence high
sentiment positive
materiality 0.75
Baldwin Group Q3 2024: revenue $338.9M, organic growth 14%; adj. EPS $0.33, +14% YoY
Baldwin Insurance Group, Inc.
2024-Q3 EPS reported
-$0.07
revenue$1,059,145,000
- Total revenue $338.9M (+11% YoY); organic revenue growth of 14%.
- GAAP net loss $14.5M ($0.13 diluted loss); adjusted diluted EPS $0.33, +14% YoY.
- Adjusted EBITDA $72.8M (+14%); margin 21.5%, +60 bps YoY.
- Nine months 2024: revenue $1.1B (+13%), adjusted diluted EPS $1.23 (+26%).
- Cash $181.8M with $600.0M revolver borrowing capacity as of Sept. 30, 2024.