Ryan Specialty reports Q4 adjusted EPS 45c, consensus 45c

Reports Q4 revenue $663.5M, consensus $658.79M. “It was another outstanding year for Ryan Specialty (RYAN),” said Patrick G. Ryan, Founder and Executive Chairman of Ryan Specialty. “For the year, we grew total revenue 21%, supported by organic growth of 12.8% and strong contributions from M&A, which added 7% to our top line. This marked our sixth consecutive year growing total revenue 20% or more. We expanded Adjusted EBITDAC margin 210 basis points year-over-year and grew Adjusted EPS by 30%. Along with our strong results, we executed our M&A strategy by closing 7 high quality acquisitions, which will add over $265 million in annualized revenue and further distinguish Ryan Specialty as an industry-leading international insurance services firm.”