Arthur J. Gallagher & Co. is set to release first-quarter 2022 earnings on April 28, with analysts expecting a significant earnings surprise based on an Earnings ESP of +0.76% and an estimated earnings per share of $2.77, up 37.1% from last year. Despite reporting total revenues of $2.4 billion, which fell short of projections, the company remains optimistic, citing strong financial health with adjusted net income at $2.81. Recent acquisitions and solid organic growth are anticipated to bolster revenue, while the firm also grapples with an 8% rise in total expenses year over year.
“Arthur J. Gallagher & Co. · has an Earnings ESP · +0.76%”
“Arthur J. Gallagher & Co. · reported · financial results · for the quarter ended March 31, 2022”
“Arthur J. Gallagher & Co. · reported · first-quarter 2022 adjusted net earnings · $2.81”
“Arthur J. Gallagher & Co. · total revenues · $2.4 billion · missed the Zacks Consensus Estimate by 2.8%”
“Arthur J. Gallagher’s total expenses · increased · year over year · 8%”
“Arthur J. Gallagher · closed · five acquisitions · estimated annualized revenues of about $32.2 million”
“Arthur J. Gallagher · expects organic revenues · to be better than the 2021 level”
“Arthur J. Gallagher & Co. · has earnings coming up · earnings report · pretty soon”
“Arthur J. Gallagher · is seeing · favorable earnings estimate revision activity · as of late”
“Most Accurate Estimate for the current quarter · is currently at · $2.78 per share · for AJG”
“broader Zacks Consensus Estimate · is · $2.77 per share · for AJG”
“analysts · have very recently bumped up their estimates · for AJG · giving the stock a Zacks Earnings ESP of +0.63%”