Reports Q1 revenue $413.4M, consensus $417.58M. “The resilience and durability of our business and operating model was demonstrated in the first quarter as we continued to achieve double-digit organic revenue growth while increasing adjusted EBITDA by 12% and adjusted diluted EPS by 16%,” said Trevor Baldwin, Chief Executive Officer of The Baldwin Group (BWIN). “As we have reached a significant inflection point with the vast majority of our earnout obligations behind us, our growing financial flexibility leaves us well positioned to accelerate momentum across our strategic priorities.”
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Read More on BWIN:
- Baldwin Group price target raised to $42 from $41 at Jefferies
- Baldwin Group price target raised to $34 from $33 at Wells Fargo
- Baldwin Group downgraded to Neutral from Overweight at JPMorgan
- Buy Rating for Baldwin Insurance Group: Improved Outlook and Competitive Valuation
- BMO starts Baldwin with Outperform on ‘discounted’ valuation
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