We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Countdown to Arthur J. Gallagher (AJG) Q3 Earnings: Wall Street Forecasts for Key Metrics
Read MoreHide Full Article
Wall Street analysts expect Arthur J. Gallagher (AJG - Free Report) to post quarterly earnings of $2.26 per share in its upcoming report, which indicates a year-over-year increase of 13%. Revenues are expected to be $2.75 billion, up 12% from the year-ago quarter.
The current level reflects a downward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Arthur J. Gallagher metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Revenue- Commissions' at $1.57 billion. The estimate points to a change of +14% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenue- Fees' will likely reach $957.73 million. The estimate points to a change of +13.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Brokerage, as adjusted' should arrive at $2.37 billion. The estimate indicates a year-over-year change of +11.5%.
Analysts predict that the 'Revenue Risk Management Segment- Revenues before reimbursements' will reach $368.66 million. The estimate suggests a change of +11.4% year over year.
Analysts expect 'Revenue Brokerage Segment- Contingent revenues' to come in at $59.69 million. The estimate indicates a year-over-year change of +10.7%.
According to the collective judgment of analysts, 'Revenue Risk Management Segment- Fees' should come in at $360.09 million. The estimate indicates a year-over-year change of +11.5%.
The collective assessment of analysts points to an estimated 'Revenue Risk Management Segment- Reimbursements' of $39.20 million. The estimate suggests a change of +2.1% year over year.
The consensus among analysts is that 'Revenue- Contingent revenues' will reach $59.69 million. The estimate indicates a change of +10.7% from the prior-year quarter.
Analysts forecast 'Brokerage - Compensation expense ratio' to reach 54.9%. The estimate is in contrast to the year-ago figure of 56.1%.
The consensus estimate for 'Risk Management Segment - Operating expense ratio' stands at 18.2%. Compared to the present estimate, the company reported 19.6% in the same quarter last year.
Analysts' assessment points toward 'Risk Management Segment - Compensation expense ratio' reaching 57.9%. Compared to the present estimate, the company reported 60.2% in the same quarter last year.
It is projected by analysts that the 'Brokerage - Operating expense ratio' will reach 14.5%. The estimate is in contrast to the year-ago figure of 15.1%.
Shares of Arthur J. Gallagher have demonstrated returns of +4.8% over the past month compared to the Zacks S&P 500 composite's +4.5% change. With a Zacks Rank #3 (Hold), AJG is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Countdown to Arthur J. Gallagher (AJG) Q3 Earnings: Wall Street Forecasts for Key Metrics
Wall Street analysts expect Arthur J. Gallagher (AJG - Free Report) to post quarterly earnings of $2.26 per share in its upcoming report, which indicates a year-over-year increase of 13%. Revenues are expected to be $2.75 billion, up 12% from the year-ago quarter.
The current level reflects a downward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Arthur J. Gallagher metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Revenue- Commissions' at $1.57 billion. The estimate points to a change of +14% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenue- Fees' will likely reach $957.73 million. The estimate points to a change of +13.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Brokerage, as adjusted' should arrive at $2.37 billion. The estimate indicates a year-over-year change of +11.5%.
Analysts predict that the 'Revenue Risk Management Segment- Revenues before reimbursements' will reach $368.66 million. The estimate suggests a change of +11.4% year over year.
Analysts expect 'Revenue Brokerage Segment- Contingent revenues' to come in at $59.69 million. The estimate indicates a year-over-year change of +10.7%.
According to the collective judgment of analysts, 'Revenue Risk Management Segment- Fees' should come in at $360.09 million. The estimate indicates a year-over-year change of +11.5%.
The collective assessment of analysts points to an estimated 'Revenue Risk Management Segment- Reimbursements' of $39.20 million. The estimate suggests a change of +2.1% year over year.
The consensus among analysts is that 'Revenue- Contingent revenues' will reach $59.69 million. The estimate indicates a change of +10.7% from the prior-year quarter.
Analysts forecast 'Brokerage - Compensation expense ratio' to reach 54.9%. The estimate is in contrast to the year-ago figure of 56.1%.
The consensus estimate for 'Risk Management Segment - Operating expense ratio' stands at 18.2%. Compared to the present estimate, the company reported 19.6% in the same quarter last year.
Analysts' assessment points toward 'Risk Management Segment - Compensation expense ratio' reaching 57.9%. Compared to the present estimate, the company reported 60.2% in the same quarter last year.
It is projected by analysts that the 'Brokerage - Operating expense ratio' will reach 14.5%. The estimate is in contrast to the year-ago figure of 15.1%.
View all Key Company Metrics for Arthur J. Gallagher here>>>
Shares of Arthur J. Gallagher have demonstrated returns of +4.8% over the past month compared to the Zacks S&P 500 composite's +4.5% change. With a Zacks Rank #3 (Hold), AJG is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>