Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. But cutbacks in corporate spending and the threat of new AI products have kept sentiment in check,
and over the past six months, the industry’s 2.3% return has trailed the S&P 500 by 7.6 percentage points.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the insurance brokers industry, including Ryan Specialty (NYSE:RYAN) and its peers.
Insurance specialty broker Ryan Specialty (NYSE:RYAN) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 24.8% year on year to $754.6 million. Its non-GAAP profit of $0.47 per share was in line with analysts’ consensus estimates.
