Ryan Specialty Sees Organic Revenue Growth Rate Guidance For Full Year 2024 Is Between 12.5%–14%
Portfolio Pulse from Benzinga Newsdesk
Ryan Specialty (RYAN) maintains its full year 2024 outlook, projecting an Organic Revenue Growth Rate of 12.5% to 14% and an Adjusted EBITDAC Margin of 31% to 31.5%. The company notes it cannot provide a detailed outlook for Total revenue growth or Net income margin due to the difficulty in forecasting certain financial items.
May 02, 2024 | 8:23 pm
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Ryan Specialty projects a robust Organic Revenue Growth Rate of 12.5% to 14% and an Adjusted EBITDAC Margin of 31% to 31.5% for 2024, indicating strong financial health and operational efficiency.
The guidance provided by Ryan Specialty indicates a positive outlook for the company's financial performance in 2024. The projected organic revenue growth and adjusted EBITDAC margin suggest that the company is expecting to continue its growth trajectory and maintain operational efficiency. This positive outlook is likely to be viewed favorably by investors, potentially leading to a short-term positive impact on the stock price.
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