While shares of Arthur J. Gallagher & Co. AJG have declined following the purchase of AssuredPartners, this acquisition is likely to be accretive to earnings from 2025, according to Piper Sandler.
Brown and Brown, Marsh & McLennan, Arthur J. Gallagher & Co and Willis Towers Watson have been highlighted in this Industry Outlook article.
Higher demand for insurance products, strategic acquisitions and the adoption of technology should drive the performance of Zacks Insurance Brokerage industry players like BRO, MMC, AJG and WTW.
The acquisitions of Schuetz, DMc Insurance, AssuredPartners and others are set to boost AJG's growth, retail brokerage operations and expand the geographical footprint.
Arthur J. Gallagher said on Monday it has agreed to acquire insurance broker AssuredPartners in a $13.45 billion deal.
Arthur J. Gallagher gains on the back of solid performance of its Brokerage and Risk Management segments, strategic buyouts and effective capital deployment.
AJG's third-quarter results reflect higher revenues and margin expansion across the Brokerage and Risk Management segments, partially offset by higher expenses.
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 America Operator Good afternoon.
While the top- and bottom-line numbers for Arthur J. Gallagher (AJG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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.
Investors need to pay close attention to Arthur J. Gallagher & Co. (AJG) stock based on the movements in the options market lately.
Arthur J. Gallagher (AJG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.