Core Insights - The Baldwin Insurance Group reported a revenue of $338.94 million for Q3 2024, marking a year-over-year increase of 10.7% and an EPS of $0.33, up from $0.29 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $341.95 million, resulting in a surprise of -0.88%, while the EPS also missed the consensus estimate of $0.34 by -2.94% [1] Financial Performance Metrics - Organic Revenue Growth was reported at 14%, slightly below the four-analyst average estimate of 14.6% [3] - Revenue from Investment Income was $3.73 million, exceeding the average estimate of $2.23 million based on two analysts [3] - Revenue from Commissions and Fees was $335.21 million, which was below the average estimate of $339.19 million based on two analysts [3] Stock Performance - Shares of The Baldwin Insurance Group have declined by -12.1% over the past month, contrasting with the Zacks S&P 500 composite's increase of +0.4% [4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [4]
The Baldwin Insurance Group (BWIN) Reports Q3 Earnings: What Key Metrics Have to Say