The Baldwin Group Announces Second Quarter 2024 Results
The Baldwin Insurance Group, Inc. - Class A (BWIN)
Company Research
Source: Business Wire
- Total Revenue Growth of 14% to $339.8 Million; Organic Revenue Growth(1) of 19% -- Net Loss of $30.9 Million and Diluted Loss Per Share of $0.28; Adjusted Diluted EPS(2) Growth of 26% to $0.34 -- Adjusted EBITDA(3) Growth of 22% Year-Over-Year to $74.9 Million and Adjusted EBITDA Margin(3) of 22%; 130 Basis Point Expansion Compared to the Prior-Year Period - TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (“Baldwin” or the “Company”) (NASDAQ: BWIN), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, today announced its results for the second quarter ended June 30, 2024.SECOND QUARTER 2024 HIGHLIGHTSTotal revenue increased 14% year-over-year to $339.8 millionOrganic revenue growth of 19% year-over-yearGAAP net loss of $30.9 million and GAAP diluted loss per share of $0.28Adjusted net income(2) of $40.3 millionAdjusted diluted EPS gr
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News
- Würk joins forces with The Baldwin Group (formerly AHT Insurance) To Unveil Employee Benefit Captive ProgramPR Newswire
- The Baldwin Group to Participate in the KBW Insurance ConferenceBusiness Wire
- The Baldwin Insurance Group, Inc. (NASDAQ: BWIN) had its price target raised by analysts at UBS Group AG from $43.00 to $49.00. They now have a "buy" rating on the stock.MarketBeat
- Millennial Specialty Insurance Achieves Milestone of $1 Billion in Written PremiumBusiness Wire
- The Baldwin Insurance Group, Inc. (NASDAQ: BWIN) had its price target raised by analysts at Keefe, Bruyette & Woods from $40.00 to $46.00. They now have an "outperform" rating on the stock.MarketBeat