The Baldwin Group announced its results for the third quarter ended September 30, 2024, on November 4, 2024. The company reported total revenue of $338.9 million, representing an 11% increase compared to the prior year period.
For the third quarter, The Baldwin Group achieved an operating EPS of $0.34, which was in line with consensus estimates and within the guided range of $0.32 to $0.36. Organic growth for the quarter stood at 14%, falling within the guided high end of 10% to 15%.
Adjusted EBITDA for the quarter reached $72.8 million, aligning with the company's guidance range of $71 million to $76 million. These results indicate continued operational performance and growth across the business segments.
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