ROLLING MEADOWS, Ill., Jan. 29, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Metairie, Louisiana-based Forest Insurance Facilities. Terms of the transaction were not disclosed. Forest Insurance Facilities is a commercial lines wholesale insurance broker and managing general agency (MGA) serving clients throughout Louisiana. Wayne Forest, Jr., Matt Forest and their t ...

Arthur J. Gallagher & Co. (NYSE:AJG) Q4 2023 Earnings Conference Call January 25, 2024 5:15 PM ET Company Participants J. Patrick Gallagher - Chairman and Chief Executive Officer Douglas Howell - Chief Financial Officer Conference Call Participants Elyse Greenspan - Wells Fargo Mark Hughes - Truist Securities Mike Zaremski - BMO Capital Markets David Motemaden - Evercore ISI Gregory Peters - Raymond James Andrew Kligerman - TD Cowen Yaron Kinar - Jefferies Michael Ward - Citi Meyer Shields - KBW Operator Go ...

Arthur J. Gallagher & Co. (AJG) reported fourth-quarter 2023 adjusted net earnings of $1.85 per share, which beat the Zacks Consensus Estimate by 1.09%. The bottom line increased 24% on a year-over-year basis.Arthur J. Gallagher’s performance was driven by higher adjusted revenues and margin expansion across the Brokerage and Risk Management segments, partially offset by higher expenses.Operational UpdateTotal revenues of $2.4 billion beat the Zacks Consensus Estimate by 0.9%. The top line also improved 19. ...

Arthur J. Gallagher (AJG) reported $2.39 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 19.9%. EPS of $1.85 for the same period compares to $1.54 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.37 billion, representing a surprise of +1.10%. The company delivered an EPS surprise of +1.09%, with the consensus EPS estimate being $1.83.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Arthur J. Gallagher (AJG) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.83 per share. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.09%. A quarter ago, it was expected that this insurance and risk-management company would post earnings of $1.94 per share when it actually produced earnings of $2, delivering a surprise of 3.09%.Over the last ...

ROLLING MEADOWS, Ill., Jan. 24, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) announced that its Board of Directors declared a sixty cents ($0.60) per share quarterly cash dividend on the company's common stock, a $0.05 increase over the prior quarter's dividend.  The dividend will be payable on March 15, 2024 to Stockholders of Record as of March 1, 2024. Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rollin ...

Analysts on Wall Street project that Arthur J. Gallagher (AJG) will announce quarterly earnings of $1.83 per share in its forthcoming report, representing an increase of 18.8% year over year. Revenues are projected to reach $2.37 billion, increasing 18.6% from the same quarter last year.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial ...

Arthur J. Gallagher & Co. (AJG) is slated to report fourth-quarter 2023 earnings on Jan 25, after market close. The insurer delivered an earnings surprise in each of the last four reported quarters, the average beat being 2.20%.Factors to ConsiderSolid results in both segments, aided by new business, strong retention and increasing renewal premiums across its business lines, are likely to benefit Arthur J. Gallagher’s fourth-quarter results.Revenues associated with acquisitions, the organic change in base c ...

ROLLING MEADOWS, Ill., Jan. 18, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Concord, New Hampshire-based The Rowley Agency, LLC. Terms of the transaction were not disclosed. The Rowley Agency is a retail insurance broker providing property/casualty, surety and employee benefits products to commercial and personal lines clients primarily in New Hampshire, Vermont, Maine and Massachusetts. Dan Church, Gary Stevens and their team will remain in their current location under ...

Arthur J. Gallagher & Co. (AJG) recently acquired MGB Re. The terms of the transaction have not been revealed yet.Toronto, ON-based MGB provides innovative solutions for risk and cost management and distribution initiatives to meet the needs of Insurance companies, HMOs, MGUs and Reinsurance companies.With this acquisition, Arthur J. Gallagher will leverage the strong client relationships and expertise of MGB to enhance the growth of AJG’s medical reinsurance business and expand its service offerings.Arthur ...