Ryan Specialty Hldgs Q3 Adj $0.41 Misses $0.42 Estimate, Sales $604.69M Beat $600.62M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ryan Specialty Holdings reported Q3 earnings of $0.41 per share, missing the $0.42 estimate, but sales of $604.69M beat the $600.62M estimate. Earnings increased by 28.12% and sales by 20.47% compared to the same period last year.
October 30, 2024 | 8:09 pm
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Ryan Specialty Holdings reported Q3 earnings of $0.41 per share, missing the $0.42 estimate, but sales of $604.69M beat the $600.62M estimate. Earnings increased by 28.12% and sales by 20.47% compared to the same period last year.
The earnings per share missed the analyst estimate by a small margin, which could be seen as a negative. However, the significant year-over-year growth in both earnings and sales, along with the sales beat, provides a positive outlook. The mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100