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With a market cap of $83.3 billion, Arthur J. Gallagher & Co. (AJG) provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. Founded in 1927, the Rolling Meadows, Illinois-based company operates in Brokerage and Risk Management segments.
The company is expected to report its Q1 earnings on Thursday, Apr. 24. Ahead of the event, analysts expect AJG to report an EPS of $3.53 per share, up 1.2% from $3.49 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in three of the past four quarters, while successfully meeting in one quarter. Its adjusted EPS of $2.13 in the recent quarter surpassed analysts’ expectations by 5.5%, driven by a solid performance of its brokerage and risk management segments.