NASDAQ$BWIN

Baldwin Insurance Group Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

BRP Group reported mixed results for Q2 2020, with revenue increasing significantly but GAAP net loss reported.

BRP Group's Q2 2020 results showed strong revenue growth of 55% year-over-year, reaching $51.3 million. Pro Forma revenue grew 60% year-over-year to $55.8 million. However, the company reported a GAAP net loss of $7.9 million, or $0.18 per share.

  • Revenue increased 55% year-over-year to $51.3 million.
  • Pro Forma Revenue grew 60% year-over-year to $55.8 million.
  • Organic Revenue Growth was 19% year-over-year.
  • GAAP net loss of $7.9 million and GAAP loss per share of $0.18.

Headline financials

Total Revenue

$51.3M

Previous: $138M-62.8%
EPS (adj)

$0.10

Previous: -$0.29+134.5%
Organic Revenue Growth

19.0%

Previous: 2.0%+850.0%
Adjusted EBITDA

$8.4M

Previous: $4.6M+82.6%
Capital Expenditures

-$2.62M

No prior period
Free Cash Flow

-$6.21M

No prior period
Net Income

-$3.59M

Previous: $0.00
Operating Income

-$6.81M

Previous: $664K-1125.9%
Gross Profit

$41.7M

Previous: $9.07M+360.2%
Cash & Equivalents

$194M

No prior period
Total Assets

$870M

No prior period
Stock-Based Comp

$1.98M

No prior period

Revenue & EPS history

Baldwin Insurance · Revenue · Quarterly

$51.3M

Q2 2020-62.8%vs Q2 2019
Beat estimate in 12 of 13 quarters(92%)
ActualEstimate

Forward guidance

No specific forward guidance was provided in the release. The release focused on Q2 2020 results and did not include projections or expectations for future periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

+0.6%

Avg return

Earnings day

+3.0%

Avg return

5 days after

+6.0%

Avg return

30 days after

57%

16 / 28 earnings

Positive

+25.6%

Q4 2025

Best reaction

-25.4%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%-8.4%-14.8%
Q4 2025+25.6%+19.3%+14.1%
Q3 2025+10.0%+15.1%+8.9%
Q3 2026+2.8%+19.9%+15.6%
Q2 2025-16.7%-13.4%-12.6%
Q1 2025-4.3%-3.8%-5.6%
Q4 2024+1.8%-1.7%+13.2%
Q3 2024-10.3%+1.7%+8.5%
Q2 2024+3.3%+1.8%+13.0%
Q1 2024+11.8%+6.7%+20.6%
Q4 2023+2.7%+9.8%+6.8%
Q3 2023-11.9%-9.8%-12.0%
Q2 2023-3.6%+0.4%+7.9%
Q1 2023-4.4%-4.8%-5.0%
Q4 2022-3.0%-4.9%-12.1%
Q3 2022+1.7%+6.5%-0.3%
Q2 2022+3.7%+7.7%+10.1%
Q1 2022-25.4%-2.6%+7.3%
Q4 2021-2.2%-4.4%-3.4%
Q3 2021+2.0%+7.0%-0.3%
Q2 2021+17.9%+26.8%+38.1%
Q1 2021-5.9%-6.6%+4.9%
Q4 2020+1.5%+0.1%+6.9%
Q3 2020+5.4%+5.2%-5.8%
Q2 2020+7.6%+4.9%+31.2%
Q1 2020+2.0%+16.5%+47.9%
Q4 2019+11.5%+8.8%-8.1%
Q3 2019-7.1%-14.2%-6.8%
Q2 2019
Q4 2018
Q3 2018

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