Baldwin Insurance Group Inc reports results for the quarter ended March 31 - Earnings Summary

• Baldwin Insurance Group Inc BWIN.OQ reported quarterly adjusted earnings of 65 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of nine analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 62 cents to 66 cents per share.

• Revenue rose 8.7% to $413.41 million from a year ago; analysts expected $418.02 million.

• Baldwin Insurance Group Inc's reported EPS for the quarter was 20 cents​.

• The company reported quarterly net income of $13.94 million.

• Baldwin Insurance Group Inc shares had fallen by 8.9% this quarter and gained 5.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.9% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "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 Baldwin Insurance Group Inc is $50.00

This summary was machine generated from LSEG data May 6 at 10:18 p.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)