Ryan Specialty Holdings Sees Organic Revenue Growth Rate Guidance For FY24 Is Between 13.0%–14.0%
Portfolio Pulse from Benzinga Newsdesk
Ryan Specialty Holdings has provided its full year 2024 guidance, expecting an organic revenue growth rate between 13.0% and 14.0% and an adjusted EBITDAC margin between 32.0% and 32.5%. The company cannot provide a comparable outlook for total revenue growth rate or net income margin due to forecasting difficulties.
October 30, 2024 | 8:25 pm
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Ryan Specialty Holdings expects strong organic revenue growth and stable adjusted EBITDAC margin for FY24, indicating positive business momentum.
The guidance of 13-14% organic revenue growth and 32-32.5% adjusted EBITDAC margin suggests strong business performance and operational efficiency, likely boosting investor confidence and positively impacting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100