Arthur J. Gallagher Analysts Boost Their Forecasts After Q2 Earnings
Arthur J. Gallagher & Co. (AJG) beats earnings estimates, reports 24% revenue growth. Analysts adjust price targets, stock falls 6.4% in pre-market.
Arthur J. Gallagher made more money than people expected and grew its sales a lot, so experts raised their guesses about what the stock might be worth. When this happens, it's a sign the company is doing well, even though the stock price dropped right after the news came out.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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