Ryan Specialty Group (RYAN) Tops Q3 EPS by 6c

Ryan Specialty Group (NYSE: RYAN) reported Q3 EPS of $0.24, $0.06 better than the analyst estimate of $0.18. Revenue for the quarter came in at $352.8 million versus the consensus estimate of $321.85 million.

Full Year 2021 Outlook:

The Company is raising its full year 2021 outlook for both Organic Revenue Growth Rate and Adjusted EBITDAC Margin:

• Organic Revenue Growth Rate for full year 2021 is now expected to be between 21.5% - 22.5%, compared to the Company’s prior outlook of between 18.0% - 20.0%.
• Adjusted EBITDAC Margin for full year 2021 is now expected to be between 31.5% - 32.0%, compared to the Company’s prior outlook of between 30.0% - 30.5%.

For earnings history and earnings-related data on Ryan Specialty Group (RYAN) click here.

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