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Arthur J. Gallagher & Co. Acquires Filos Agency, Inc.
Prnewswire· 2024-10-28 13:00
ROLLING MEADOWS, Ill., Oct. 28, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Long Beach, New York-based Filos Agency, Inc. Terms of the transaction were not disclosed. Filos Agency is a retail property/casualty insurance agency serving New York area businesses and individuals. Thomas Costantakos and his team will continue to operate out of their current location as part of Gallagher Agency Alliance under the direction of Jen Tadin, head of Gallagher Select, its U.S. prop ...
Arthur J. Gallagher Q3 Earnings Match Estimates, Revenues Rise Y/Y
ZACKS· 2024-10-25 15:21
Arthur J. Gallagher & Co. (AJG) reported third-quarter 2024 adjusted net earnings of $2.26 per share, which matched the Zacks Consensus Estimate. The bottom line increased 13% on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Arthur J. Gallagher’s performance was driven by higher revenues and margin expansion across the Brokerage and Risk Management segments, partially offset by higher expenses.Operational UpdateTotal adjusted revenues of $2.7 billion missed ...
Arthur J. Gallagher & Co. Acquires Via Financial Group Pty Ltd
Prnewswire· 2024-10-25 13:00
ROLLING MEADOWS, Ill., Oct. 25, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Sydney, New South Wales-based Via Financial Group Pty Ltd. Terms of the transaction were not disclosed.Via Financial Group provides financial planning, wealth management and life risk advisory services to clients from multiple offices in Australia. Matthew Read, Daniel Burden, Peter Kirby, Ben Davis, Robert Wilson, Sam Haydon and their team will join Gallagher under Graham Campbell, head of Gall ...
Arthur J. Gallagher & Co. Acquires Redington Ltd
Prnewswire· 2024-10-25 09:00
ROLLING MEADOWS, Ill., Oct. 25, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of London-based Redington Ltd. Terms of the transaction were not disclosed.Redington is an investment consulting firm providing comprehensive investment, research and technology services to pension funds, wealth managers and institutional investor clients primarily in the UK. Sylvia Pozezanac and her team will remain in their current location under the guidance of David Piltz, head of Gallagher's U ...
Arthur J. Gallagher & (AJG) - 2024 Q3 - Earnings Call Transcript
2024-10-25 01:13
Arthur J. Gallagher & Co. (NYSE:AJG) Q3 2024 Earnings Conference Call October 24, 2024 5:15 PM ET Company Participants J. Patrick Gallagher - Chairman and CEO Doug Howell - Chief Financial Officer Conference Call Participants Mike Zaremski - BMO Capital Markets Rob Cox - Goldman Sachs Elyse Greenspan - Wells Fargo Gregory Peters - Raymond James Dean Criscitiello - KBW Mark Hughes - Truist Securities Alex Scott - Barclays Katie Sakys - Autonomous Research David Motemaden - Evercore ISI Grace Carter - Bank of ...
Arthur J. Gallagher (AJG) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-24 23:36
For the quarter ended September 2024, Arthur J. Gallagher (AJG) reported revenue of $2.74 billion, up 11.8% over the same period last year. EPS came in at $2.26, compared to $2.00 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.75 billion, representing a surprise of -0.15%. The company has not delivered EPS surprise, with the consensus EPS estimate being $2.26.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
Arthur J. Gallagher (AJG) Matches Q3 Earnings Estimates
ZACKS· 2024-10-24 22:31
Arthur J. Gallagher (AJG) came out with quarterly earnings of $2.26 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this insurance and risk-management company would post earnings of $2.24 per share when it actually produced earnings of $2.26, delivering a surprise of 0.89%.Over the last four quarters, the company has surpassed consensus EPS estimates three times. ...
Arthur J. Gallagher & (AJG) - 2024 Q3 - Quarterly Results
2024-10-24 20:23
Arthur J. Gallagher & Co. Exhibit 99.1 NEWS RELEASE ARTHUR J. GALLAGHER & CO. ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS ROLLING MEADOWS, IL, October 24, 2024 — Arthur J. Gallagher & Co. (NYSE: AJG) today reported its financial results for the quarter ended September 30, 2024. Management will host a webcast conference call to discuss these results on Thursday, October 24, 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" a ...
Arthur J. Gallagher & Co. Announces Third Quarter 2024 Financial Results
Prnewswire· 2024-10-24 20:15
ROLLING MEADOWS, Ill., Oct. 24, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today reported its financial results for the quarter ended September 30, 2024.  Management will host a webcast conference call to discuss these results on Thursday, October 24, 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.  Thes ...
Is the Options Market Predicting a Spike in Arthur J. Gallagher & Co. (AJG) Stock?
ZACKS· 2024-10-24 13:35
Investors in Arthur J. Gallagher & Co.(AJG) need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 15, 2024 $125.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It cou ...