Arthur J. Gallagher (AJG) Tops Q4 EPS by 1c

Arthur J. Gallagher (NYSE: AJG) reported Q4 EPS of $0.56, $0.01 better than the analyst estimate of $0.55.

"We had an excellent quarter to finish an outstanding year, and we are well positioned for 2015," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "In the fourth quarter, our combined Brokerage and Risk Management segments posted 31% growth in adjusted revenues, of which 5.6% was total organic growth. Our adjusted EBITDAC increased 45% and adjusted net earnings per share grew 21%. We also improved our adjusted EBITDAC margins 218 basis points compared to the fourth quarter of 2013. For the year, our combined Brokerage and Risk Management segments posted 30% growth in adjusted revenues, of which 5.5% was total organic growth, adjusted EBITDAC increased 39%, adjusted net earnings per share grew 21% and we improved our adjusted EBITDAC margins 163 basis points."

For earnings history and earnings-related data on Arthur J. Gallagher (AJG) click here.

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