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Arthur J. Gallagher reports Q1 adjusted EPS $3.03, consensus $2.99

Reports Q1 revenue $2.71B, consensus $2.67B. "We had an excellent start to 2023," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "Our core brokerage and risk management segments combined to post 12% reported revenue growth, 9.7% organic revenue growth, 12% growth in reported net earnings, 15% growth in adjusted EBITDAC, and we improved our adjusted EBITDAC margin 29 basis points."

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