Stock Monitor: Marsh & McLennan Post Earnings Reporting

LONDON, UK / ACCESSWIRE / February 02, 2018 / Active-Investors.com has just released a free earnings report on Arthur J. Gallagher & Co. (NYSE: AJG). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=AJG. The Company posted its financial results on January 25, 2018, for the fourth quarter fiscal 2017 (Q4 FY17) and for the full fiscal year 2017 (FY17). The Rolling Meadows, Illinois-based Company's quarterly non-GAAP revenues and non-GAAP earnings per share (EPS) grew on a y-o-y basis, outperforming Wall Street's estimates. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Marsh & McLennan Companies, Inc. (NYSE: MMC), which also belongs to the Financial sector as the Company Arthur J. Gallagher. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Arthur J. Gallagher most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=AJG

Earnings Highlights and Summary

During Q4 FY17, Arthur J. Gallagher reported GAAP total revenues of $1.60 billion, up from the $1.39 billion recorded at the end of Q4 FY16, while non-GAAP total revenues increased to $1.60 billion from $1.40 billion in Q4 FY16. The Company's non-GAAP total revenue numbers outperformed market expectations of $1.48 billion.

The insurance and risk-management Company reported net earnings of $113.2 million, or $0.57 per diluted share, in Q4 FY17, which came in above $101.0 million, or $0.53 per diluted share, in Q4 FY16. Furthermore, the Company's adjusted net earnings rose to $158.4 million, or $0.82 per diluted share, for Q4 FY17 from $124.2 million, or $0.66 per diluted share, in Q4 FY16, beating market analysts' forecasts of $0.75 per diluted share.

In the full year FY17, the Company reported adjusted revenues of $6.16 billion compared to $5.58 billion in FY16. The Company's adjusted net earnings also increased to $593.4 million, or $3.06 per diluted share, in FY17 from $517.3 million, or $2.73 per diluted share, in FY16.

Operating Metrics

For the three months ended September 30, 2017, the Company reported earnings before interest, tax, depreciation and amortization, and consultancy fee expenses (EBITDAC) of $213.3 million compared to $197.3 million in the prior year's same quarter. The Company's adjusted EBITDAC stood at $238.0 million for the reported quarter compared to $222.5 million in Q4 FY16. Furthermore, the Company reported earnings before income taxes of $82.1 million in Q4 FY17 versus $68.8 million in Q4 FY16.

Segment Performance

During Q4 FY17, Arthur J. Gallagher's Brokerage segment's non-GAAP revenue grew 11% to $999.9 million y-o-y from $898.9 million in the year ago comparable period. The segment reported a y-o-y adjusted organic revenue growth of 6.8% in Q4 FY17. Additionally, the segment's adjusted EBITDAC margin increased by 37 basis points in Q4 FY17.

Arthur J. Gallagher's Risk Management segment generated non-GAAP revenues of $197.1 million, which were 6% more than the last year's recorded revenue numbers of $186.8 million. The division's adjusted organic revenue was also up by 3.3% y-o-y in the reported quarter. Meanwhile, the segment's adjusted EBITDAC margin fell by 43 basis points in Q4 FY17.

Balance Sheet

The Company had cash and cash equivalents of $681.2 million as on December 31, 2017, compared to $545.5 million at the close of books as on December 31, 2016.

Dividend

On January 24, 2017, Arthur J. Gallagher's Board of Directors announced a dividend of $0.41 per share on the Company's common stock, payable on March 16, 2017, to stockholders of record as of March 02, 2017.

Stock Performance Snapshot

February 01, 2018 - At Thursday's closing bell, Arthur J. Gallagher's stock rose 1.27%, ending the trading session at $69.19.

Volume traded for the day: 1.11 million shares.

Stock performance in the last month ? up 11.29%; previous three-month period ? up 9.25%; past twelve-month period ? up 29.47%; and year-to-date ? up 9.34%

After yesterday's close, Arthur J. Gallagher's market cap was at $12.49 billion.

Price to Earnings (P/E) ratio was at 27.64.

The stock has a dividend yield of 2.37%.

The stock is part of the Financial sector, categorized under the Insurance Brokers industry. This sector was up 0.4% at the end of the session.

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