NASDAQ$BWIN

Baldwin Insurance Group Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported a 72% year-over-year increase in revenue, reaching $65.8 million, and a 20% organic revenue growth.

BRP Group reported strong Q3 2020 results, marked by a 72% increase in revenue to $65.8 million and a 20% organic revenue growth. The company's 'MGA of the Future' platform achieved a milestone of over 500,000 policies.

  • Revenue increased 72% year-over-year to $65.8 million.
  • Organic Revenue Growth was 20% year-over-year.
  • GAAP net loss was $7.6 million, with a GAAP loss per share of $0.10.
  • Adjusted Net Income was $9.0 million, or $0.11 per fully diluted share.

Headline financials

Total Revenue

$65.8M

Previous: $38.4M+71.5%
EPS (adj)

$0.11

Previous: -$0.06+283.3%
Organic Revenue Growth

20.0%

Previous: 12.0%+66.7%
Capital Expenditures

-$4.14M

Previous: -$1.46M-182.3%
Free Cash Flow

-$7.4M

Previous: -$5.19M-42.6%
Net Income

-$3.27M

Previous: -$3.73M+12.3%
Operating Income

-$6.67M

Previous: $1.47M-552.4%
Gross Profit

$53.7M

Previous: $32.1M+67.5%
Cash & Equivalents

$50.2M

Previous: $11.1M+352.2%
Total Assets

$723M

Previous: $346M+108.8%
Stock-Based Comp

$2.24M

No prior period

Revenue & EPS history

Baldwin Insurance · Revenue · Quarterly

$65.8M

Q3 2020+71.5%vs Q3 2019
Beat estimate in 12 of 13 quarters(92%)
ActualEstimate

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 Q3 2020

Historical avgQ3 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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