ROLLING MEADOWS, Ill., July 25, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today reported its financial results for the quarter ended June 30, 2024.  Management will host a webcast conference call to discuss these results on Thursday, July 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," which may also be referenced during the call, please visit ajg.com/IR.  These docume ...

Core Points - Arthur J. Gallagher & Co. declared a regular quarterly cash dividend of $0.60 per share on its Common Stock [1] - The dividend is payable on September 20, 2024, to stockholders of record as of September 6, 2024 [1] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm [1] - The company is headquartered in Rolling Meadows, Illinois, and operates in approximately 130 countries worldwide [1]

Core Insights - Arthur J. Gallagher & Co. has appointed Richard Harries to its Board of Directors, bringing over 35 years of insurance industry experience [1] - Harries has held significant roles in the insurance sector, including CEO and chief underwriting officer at Atrium Underwriters Limited, and has experience in the energy sector with Willis Faber & Dumas [1] - The Chairman and CEO, J. Patrick Gallagher, expressed confidence that Harries will contribute valuable insights and support the company's growth strategy [1] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois [2] - The company operates in approximately 130 countries through owned operations and a network of correspondent brokers and consultants [2]

Arthur J. Gallagher & Co. (AJG) is slated to report second-quarter 2024 earnings on Jul 25, after market close. The insurer delivered an earnings surprise in each of the last four reported quarters, the average beat being 2.25%.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 second-quarter performance.Revenues associated with acquisitions, the organic c ...

Company Overview - Arthur J. Gallagher (AJG) is expected to report quarterly earnings of $2.24 per share, reflecting a year-over-year increase of +17.9% [2] - Revenues are anticipated to reach $2.76 billion, which is a 14.5% increase from the same quarter last year [2] Earnings Estimates and Revisions - The consensus EPS estimate has been revised 0.4% higher in the last 30 days, indicating a positive reassessment by analysts [2] - The Most Accurate Estimate for Arthur J. Gallagher is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.16% [4][6] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [4] - Arthur J. Gallagher currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [5][6] Historical Performance - In the last reported quarter, Arthur J. Gallagher had an expected EPS of $3.40 but delivered $3.49, resulting in a surprise of +2.65% [7] - The company has beaten consensus EPS estimates in each of the last four quarters [7] Industry Context - In the Zacks Insurance - Brokerage industry, Brown & Brown (BRO) is expected to post earnings of $0.87 per share, with a year-over-year change of +27.9% [9] - Brown & Brown's revenue is projected to be $1.14 billion, up 8.8% from the previous year, but it has an Earnings ESP of 0.00%, making predictions about its performance less certain [9]

Better pricing, prudent underwriting, rising demand for insurance products and global expansion have been driving the Zacks Insurance Brokerage industry. Industry players like Marsh & McLennan Companies, Inc. (MMC) , Aon plc (AON) , Arthur J. Gallagher & Co. (AJG) , Willis Towers Watson Public Limited Company (WTW) and Brown & Brown, Inc. (BRO) are poised to grow from consolidations in this traditionally-fragmented industry.Increased digitization should help the industry to improve basis points, scale and e ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Sc ...

Arthur J. Gallagher & Co. (AJG) recently acquired Cleary Benefits Group Inc. The terms of the transaction have not been revealed yet.Danbury, CT-based Cleary Benefits Group was founded in 1998. It is an independent, privately owned, strategic benefits advisory company. The company provides all-inclusive health & welfare benefits consulting services and delivers senior-level expertise, entrepreneurial thinking and guaranteed performance. It primarily serves mid-size to large commercial clients.The acquisitio ...

ROLLING MEADOWS, Ill., July 8, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) will release its second quarter 2024 earnings after the market closes on Thursday, July 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, July 25, 2024 at 5:15 pm ET/4:15 pm CT. The conference call will be broadcast live through Gallagher's website at w ...

ROLLING MEADOWS, Ill., July 8, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Danbury, Connecticut-based Cleary Benefits Group Inc. Terms of the transaction were not disclosed.Cleary Benefits Group is a health and benefits consulting firm serving primarily mid-size to large commercial clients. Brian Cleary, Heather Katz and their team will remain in their current location under the direction of Scott Sherman, head of Gallagher's Northeast region employee benefits consultin ...