Ryan Specialty Group (RYAN) Tops Q3 EPS by 1c; updates FY outlook

Ryan Specialty Group (NYSE: RYAN) reported Q3 EPS of $0.32, $0.01 better than the analyst estimate of $0.31. Revenue for the quarter came in at $501.9 million versus the consensus estimate of $496.35 million.

OUTLOOK

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

Organic Revenue Growth Rate guidance for full year 2023 to be between 13.5% – 14.5%, compared to the Company\'s prior guidance of 13.0% – 14.5%
Adjusted EBITDAC Margin guidance for full year 2023 to be between 29.5% – 30.0%, compared to the Company\'s prior guidance of 29.0% – 30.0%

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

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