Ryan Specialty Group (RYAN) Tops Q1 EPS by 1c; Offers outlook

Ryan Specialty Group (NYSE: RYAN) reported Q1 EPS of $0.26, $0.01 better than the analyst estimate of $0.25. Revenue for the quarter came in at $457.6 million versus the consensus estimate of $440.25 million.

Full Year 2023 Outlook*

The Company is updating its full year 2023 outlook for Organic Revenue Growth Rate and maintaining its full year 2023 outlook for Adjusted EBITDAC Margin as follows:

Organic Revenue Growth Rate guidance for full year 2023 to be between 10.5% – 13.0%, compared to the Company\'s prior guidance of 10.0% – 13.0%
Adjusted EBITDAC Margin guidance for full year 2023 to be between 29.0% – 30.0%

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

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