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Stock impact report

The Baldwin Group Announces First Quarter 2024 Results

The Baldwin Insurance Group, Inc. - Class A (BRP) 
Last the baldwin insurance group, inc. - class a earnings: 3/24 04:10 pm Check Earnings Report
Company Research Source: Business Wire
- Total Revenue Growth of 15% to $380.4 Million; Organic Revenue Growth(1) of 16% -- Net Income of $39.1 Million and Diluted Earnings Per Share of $0.33; Adjusted Diluted EPS(2) Growth of 33% to $0.56 -- Adjusted EBITDA(3) Growth of 29% Year Over Year to $101.7 Million and Adjusted EBITDA Margin(3) of 27%, a 280 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. (formerly BRP Group, Inc.) (“Baldwin” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, today announced its results for the first quarter ended March 31, 2024.FIRST QUARTER 2024 HIGHLIGHTSTotal revenue increased 15% year over year to $380.4 millionOrganic revenue growth of 16% year over yearGAAP net income of $39.1 million and GAAP diluted earnings per share of $0.33Adjusted net income(2) Show less Read more
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