Arthur J Gallagher & Co (AJG) to Release Quarterly Earnings on Thursday
Arthur J Gallagher & Co (NYSE:AJG) will be announcing its earnings results after the market closes on Thursday, January 25th. Analysts expect the company to announce earnings of $0.76 per share for the quarter.
Arthur J Gallagher & Co (NYSE:AJG) last issued its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.02. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.60 billion. Arthur J Gallagher & Co had a net margin of 7.62% and a return on equity of 13.56%. Arthur J Gallagher & Co’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 earnings per share. On average, analysts expect Arthur J Gallagher & Co to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Arthur J Gallagher & Co (AJG) opened at $64.05 on Thursday. The company has a market cap of $11,580.00, a P/E ratio of 25.62, a P/E/G ratio of 1.71 and a beta of 1.23. Arthur J Gallagher & Co has a 12 month low of $52.29 and a 12 month high of $67.32. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.66.
In other news, Director Frank E. Jr. English sold 1,500 shares of the business’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $63.67, for a total transaction of $95,505.00. Following the sale, the director now directly owns 10,600 shares of the company’s stock, valued at $674,902. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Scott R. Hudson sold 7,600 shares of the business’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $65.29, for a total transaction of $496,204.00. Following the sale, the vice president now directly owns 25,027 shares in the company, valued at $1,634,012.83. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company’s stock.
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About Arthur J Gallagher & Co
Arthur J. Gallagher & Co and its subsidiaries are engaged in providing insurance brokerage and consulting services, and third-party claims settlement and administration services to both domestic and international entities. The Company operates through three segments: brokerage, risk management and corporate.
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