Gallagher just beats Street as organic growth rises

Acquisitive broker AJ Gallagher narrowly exceeded Wall Street
estimates in posting a third quarter profit of $0.81 per share as
organic revenue growth edged higher to 3.5 percent in its brokerage
segment.
Gallagher was projected to earn $0.79 a share, the consensus
view of 16 analysts compiled by MarketWatch.
In the broker segment, organic revenue rose to $900mn, the
Rolling Meadows, Illinois-based company said late today. Brokerage
organic growth came in at 3.4 percent in the year-earlier perio