Ryan Specialty Group (RYAN) Tops Q2 EPS by 2c, provides guidance

Ryan Specialty Group (NYSE: RYAN) reported Q2 EPS of $0.58, $0.02 better than the analyst estimate of $0.56. Revenue for the quarter came in at $695.4 million versus the consensus estimate of $695.56 million.

Full Year 2024 Outlook

The Company is updating its full year 2024 outlook for Organic Revenue Growth Rate and Adjusted EBITDAC Margin as follows:

Organic Revenue Growth Rate guidance for full year 2024 is between 13.0% – 14.0%, compared to the Company\'s prior guidance of 12.5% – 14.0%
Adjusted EBITDAC Margin guidance for full year 2024 is between 32.0% – 32.5%*, compared to the Company\'s prior guidance of 31.0% – 31.5%

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

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