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Arthur J. Gallagher & (AJG) - 2024 Q1 - Quarterly Results
2024-04-25 20:25
Exhibit 99.1 NEWS RELEASE ARTHUR J. GALLAGHER & CO. ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS ROLLING MEADOWS, IL, April 25, 2024 — Arthur J. Gallagher & Co. (NYSE: AJG) today reported its financial results for the quarter ended March 31, 2024. Management will host a webcast conference call to discuss these results on Thursday, April 25, 2024 at 5:15 p.m. ET/4:15 p.m. CT. To listen to the call, and for printer-friendly formats of this release and the “CFO Commentary” and “Supplemental Quarterly Data,” ...
5 Stocks From the Thriving Insurance Brokerage Industry
Zacks Investment Research· 2024-04-24 15:45
The Zacks  Insurance Brokerage industry is likely to benefit from better pricing, prudent underwriting, rising demand for insurance products and global expansion. Industry players like Marsh & McLennan Companies (MMC) , Aon plc (AON) , Arthur J. Gallagher & Co. (AJG) and Willis Towers Watson plc (WTW) and Brown and Brown, Inc. (BRO) are poised to grow from consolidations in this traditionally-fragmented industry.The increasing adoption of technology and higher spending on technology will help the industry t ...
Should You Buy Arthur J. Gallagher (AJG) Ahead of Earnings?
Zacks Investment Research· 2024-04-24 13:20
Investors are always looking for stocks that are poised to beat at earnings season and Arthur J. Gallagher & Co. (AJG) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Arthur J. Gallagher is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — i ...
Will Arthur J. Gallagher (AJG) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-23 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Arthur J. Gallagher (AJG) , which belongs to the Zacks Insurance - Brokerage industry, could be a great candidate to consider.When looking at the last two reports, this insurance and risk-management company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 2.09%, on average, in the last two quarters.For ...
Arthur J. Gallagher & Co. Acquires Prasidium Credit Insurance
Prnewswire· 2024-04-22 21:00
ROLLING MEADOWS, Ill., April 22, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Australia-based Prasidium Credit Insurance (Prasidium). Terms of the transaction were not disclosed. Prasidium is a specialist trade credit insurance broker serving clients throughout Australia. Mark Smith, Stuart Prendergast, Mark Browning, Paul Daniele and their team will join Gallagher offices across Australia under the direction of Sarah Lyons, head of retail property/casualty brokerage ope ...
What Awaits Arthur J. Gallagher (AJG) This Earnings Season?
Zacks Investment Research· 2024-04-22 13:36
Arthur J. Gallagher & Co. (AJG) is slated to report first-quarter 2024 earnings on Apr 25, after market close. The insurer delivered an earnings surprise in each of the last four reported quarters, the average beat being 1.83%.Factors to ConsiderBetter performance in both segments, aided by new business, strong retention and increasing renewal premiums across its business lines, is likely to have benefited Arthur J. Gallagher’s first-quarter results.Revenues associated with acquisitions, the organic change ...
Reasons Why Investors Should Retain Arthur J. Gallagher (AJG)
Zacks Investment Research· 2024-04-16 14:11
Arthur J. Gallagher & Co. (AJG) has been favored by investors on the back of its Brokerage and Risk Management segments, strategic buyouts to capitalize on growing market opportunities and effective capital deployment.Growth ProjectionsThe Zacks Consensus Estimate for Arthur J Gallagher’s 2024 earnings per share indicates a year-over-year increase of 14.8% from the consensus estimate of 2023. The consensus estimate for revenues is pegged at $11.37 billion, implying a year-over-year improvement of 14.5% from ...
AON & ReliaQuest Enhance Offerings in Cyber Risk Management
Zacks Investment Research· 2024-04-11 15:11
Aon plc (AON) recently announced that it has partnered with ReliaQuest in a bid to strengthen its foothold in the cyber risk space. This partnership will aid AON in enhancing its capabilities and leverage ReliaQuest’s prowess and technology in detecting, investigating and responding.This move bodes well for AON’s Commercial Risk Solutions business, which experienced an organic revenue growth of 4% year over year in the fourth quarter. More commissions earned will increase the company’s top line in the futur ...
Arthur J. Gallagher & Co. Announces First Quarter 2024 Earnings Release And Conference Call Date
Prnewswire· 2024-04-05 20:15
ROLLING MEADOWS, Ill., April 5, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) will release its first quarter 2024 earnings after the market closes on Thursday, April 25, 2024.  A printer-friendly format will be available on the company's website shortly thereafter. In conjunction with this release, J. Patrick Gallagher, Jr., Chairman and CEO, will host a conference call on Thursday, April 25, 2024 at 5:15 pm ET/4:15 pm CT. The conference call will be broadcast live through Gallagher's website a ...
Arthur J. Gallagher (AJG) Expands With Strategic Acquisition
Zacks Investment Research· 2024-04-02 15:31
Arthur J. Gallagher & Co. (AJG) recently acquired Specialty Risk Management Services, LLC, and its affiliate, Private Client Insurance Services, LLC, marking continued strategic expansion to drive growth.Florida-based Specialty Risk Management Services manages a property insurance program for businesses, while Private Client Insurance Services specializes in commercial risks, condominium associations and personal lines. This move signifies AJG's commitment to enhancing its service offerings in key markets, ...