Ryan Specialty beats Q2, prompts upgrades and premarket rally
Ryan Specialty posted Q2 earnings of $0.74 per share and revenue of $916.647 million, topping expectations of $0.60 and $872.957 million. The stock jumped about 11.7% premarket to $49.25 as analysts raised targets to $48 (Barclays) and $54 (KBW). The results signal durable profitability and potentially more upside from earnings momentum.
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