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Ryan Specialty: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

CHICAGO (AP) — CHICAGO (AP) — Ryan Specialty Group Holdings Inc. (RYAN) on Thursday reported second-quarter net income of $118 million.

On a per-share basis, the Chicago-based company said it had profit of 37 cents. Earnings, adjusted for one-time gains and costs, were 58 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.

The insurance company posted revenue of $695.4 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RYAN at https://www.zacks.com/ap/RYAN