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Compared to Estimates, The Baldwin Insurance Group (BWIN) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2024, The Baldwin Insurance Group (BWIN - Free Report) reported revenue of $339.84 million, up 14.4% over the same period last year. EPS came in at $0.34, compared to $0.27 in the year-ago quarter.
The reported revenue represents a surprise of +1.25% over the Zacks Consensus Estimate of $335.66 million. With the consensus EPS estimate being $0.33, the EPS surprise was +3.03%.
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
: 19% compared to the 15% average estimate based on four analysts.
Revenue- Commissions and Fees- Insurance Advisory Solutions
: $168.13 million compared to the $170.27 million average estimate based on two analysts.
Revenue- Commissions and Fees- Underwriting, Capacity & Technology Solutions
: $122.49 million versus the two-analyst average estimate of $119.14 million.
Revenue- Investment income
: $2.74 million versus $2.17 million estimated by two analysts on average.
Revenue- Commissions and fees
: $280.41 million compared to the $331.08 million average estimate based on two analysts.
Revenue- Commissions and Fees- Mainstreet Insurance Solutions
: $67.06 million versus the two-analyst average estimate of $65.17 million.
Shares of The Baldwin Insurance Group have returned +12.9% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, The Baldwin Insurance Group (BWIN) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2024, The Baldwin Insurance Group (BWIN - Free Report) reported revenue of $339.84 million, up 14.4% over the same period last year. EPS came in at $0.34, compared to $0.27 in the year-ago quarter.
The reported revenue represents a surprise of +1.25% over the Zacks Consensus Estimate of $335.66 million. With the consensus EPS estimate being $0.33, the EPS surprise was +3.03%.
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:
View all Key Company Metrics for The Baldwin Insurance Group here>>>Organic Revenue Growth
: 19% compared to the 15% average estimate based on four analysts.Revenue- Commissions and Fees- Insurance Advisory Solutions
: $168.13 million compared to the $170.27 million average estimate based on two analysts.Revenue- Commissions and Fees- Underwriting, Capacity & Technology Solutions
: $122.49 million versus the two-analyst average estimate of $119.14 million.Revenue- Investment income
: $2.74 million versus $2.17 million estimated by two analysts on average.Revenue- Commissions and fees
: $280.41 million compared to the $331.08 million average estimate based on two analysts.Revenue- Commissions and Fees- Mainstreet Insurance Solutions
: $67.06 million versus the two-analyst average estimate of $65.17 million.Shares of The Baldwin Insurance Group have returned +12.9% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.