Ryan Specialty Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• Ryan Specialty Holdings Inc RYAN.N reported quarterly adjusted earnings of 39 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 36 cents to 43 cents per share.

• Revenue rose 25% to $690.17 million from a year ago; analysts expected $680.52 million.

• Ryan Specialty Holdings Inc's reported EPS for the quarter was a loss of 22 cents​.

• The company reported a quarterly loss of $27.64 million.

• Ryan Specialty Holdings Inc shares had fallen by 12.3% this quarter and gained 1.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the multiline insurance & brokers peer group is also "buy"

• Wall Street's median 12-month price target for Ryan Specialty Holdings Inc is $77.00

This summary was machine generated from LSEG data May 2 at 05:40 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)