Reports Q1 revenue $3.727B, consensus $3.72B. “We had a fantastic first quarter” said J. Patrick Gallagher, Jr., Chairman and CEO. “Our core brokerage and risk management segments combined to deliver 14% revenue growth, including organic revenue growth of 9%. Our first quarter net earnings margin increased 175 basis points to 23.0%, our adjusted EBITDAC margin increased 338 basis points to 41.1%, and adjusted EBITDAC grew year-over-year by 26%, the 20th consecutive quarter of double-digit growth.”
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