Ryan Specialty Group reports Q3 adjusted EPS 25c, consensus 26c

Reports Q3 revenue $412M, consensus $422.93M. "Ryan Specialty yet again validated our differentiated business model by delivering strong results in the face of an increasingly challenging economic environment," said Patrick Ryan, Founder, Chairman and Chief Executive Officer of Ryan Specialty. "Another quarter of double-digit organic growth and healthy profitability is a testament to the unrelenting effort of our teammates to innovate and provide best-in-class solutions for existing and new clients. We also continued to add top talent to our team in the quarter, as we further enhanced our reputation as a destination of choice. With our strong balance sheet, our resilient business model and our focus on the growing E&S market, we are well positioned to skillfully navigate through this challenging economic environment and continue generating long-term value for our investors."