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The Baldwin Insurance Group (BWIN) Reports Q3 Earnings: What Key Metrics Have to Say
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The Baldwin Insurance Group (BWIN - Free Report) reported $338.94 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 10.7%. EPS of $0.33 for the same period compares to $0.29 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $341.95 million, representing a surprise of -0.88%. The company delivered an EPS surprise of -2.94%, with the consensus EPS estimate being $0.34.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how The Baldwin Insurance Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Organic Revenue Growth: 14% versus the four-analyst average estimate of 14.6%.
Revenue- Investment income: $3.73 million compared to the $2.23 million average estimate based on two analysts.
Revenue- Commissions and fees: $335.21 million compared to the $339.19 million average estimate based on two analysts.
Shares of The Baldwin Insurance Group have returned -12.1% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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The Baldwin Insurance Group (BWIN) Reports Q3 Earnings: What Key Metrics Have to Say
The Baldwin Insurance Group (BWIN - Free Report) reported $338.94 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 10.7%. EPS of $0.33 for the same period compares to $0.29 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $341.95 million, representing a surprise of -0.88%. The company delivered an EPS surprise of -2.94%, with the consensus EPS estimate being $0.34.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how The Baldwin Insurance Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Organic Revenue Growth: 14% versus the four-analyst average estimate of 14.6%.
- Revenue- Investment income: $3.73 million compared to the $2.23 million average estimate based on two analysts.
- Revenue- Commissions and fees: $335.21 million compared to the $339.19 million average estimate based on two analysts.
View all Key Company Metrics for The Baldwin Insurance Group here>>>Shares of The Baldwin Insurance Group have returned -12.1% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.