Brown & Brown(BRO)
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Brown & Brown (BRO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-28 23:31
For the quarter ended September 2024, Brown & Brown (BRO) reported revenue of $1.19 billion, up 11.1% over the same period last year. EPS came in at $0.91, compared to $0.71 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.16 billion, representing a surprise of +2.20%. The company delivered an EPS surprise of +4.60%, with the consensus EPS estimate being $0.87. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...
Brown & Brown (BRO) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-28 23:16
Brown & Brown (BRO) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.60%. A quarter ago, it was expected that this insurance company would post earnings of $0.87 per share when it actually produced earnings of $0.93, delivering a surprise of 6.90%.Over the last four quarters, the com ...
Brown & Brown(BRO) - 2024 Q3 - Quarterly Report
2024-10-28 21:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 BROWN & BROWN, INC. (Exact name of Registrant as specified in its charter) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-13619 Florida 59-0864469 (State or other jurisdiction of inc ...
Brown & Brown(BRO) - 2024 Q3 - Quarterly Results
2024-10-28 21:06
Exhibit 99.1 1 Brown & Brown, Inc. announces third quarter 2024 results, including total revenues of $1.2 billion, an increase of 11.0%; Organic Revenue growth of 9.5%; diluted net income per share of $0.81; and Diluted Net Income Per Share - Adjusted of $0.91 DAYTONA BEACH, Fla., October 28, 2024 - Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the third quarter of 2024. Revenues for the third quarter of 2024 under U.S. generally accepted accounting principles ...
Brown & Brown, Inc. announces third quarter 2024 results, including total revenues of $1.2 billion, an increase of 11.0%; Organic Revenue growth of 9.5%; diluted net income per share of $0.81; and Diluted Net Income Per Share - Adjusted of $0.91
GlobeNewswire News Room· 2024-10-28 21:00
DAYTONA BEACH, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the third quarter of 2024. Revenues for the third quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $118 million, or 11.0%, compared to the third quarter of the prior year, with commissions and fees increasing by 10.1% and Organic Revenue increasing by 9.5%. Income before income taxes was $317 million, inc ...
Brown & Brown, Inc. announces 15% increase in quarterly cash dividend rate
GlobeNewswire News Room· 2024-10-23 21:00
DAYTONA BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) today announced that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on November 13, 2024, to shareholders of record on November 6, 2024. The dividend represents a 15% increase from the previous regular quarterly cash dividend of $0.13 per share and is Brown & Brown’s 31st consecutive annual dividend increase. About Brown & Brown, Inc. Brown & Brown, Inc. ...
Brown & Brown (BRO) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2024-10-23 14:21
Analysts on Wall Street project that Brown & Brown (BRO) will announce quarterly earnings of $0.87 per share in its forthcoming report, representing an increase of 22.5% year over year. Revenues are projected to reach $1.16 billion, increasing 8.7% from the same quarter last year.Over the last 30 days, there has been an upward revision of 1.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecas ...
Will Brown & Brown (BRO) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-11 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Brown & Brown (BRO) . This company, which is in the Zacks Insurance - Brokerage industry, shows potential for another earnings beat. This insurance company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarte ...
Improving Commissions and Fees Aid BRO, High Expenses Ail
ZACKS· 2024-10-11 16:01
Brown & Brown (BRO) is poised to grow on the strength of higher core commissions and fees, new business, solid retention, rate increases, strategic acquisitions, a strong financial position and effective capital deployment. BRO's earnings have risen 18.4% over the last five years, better than the industry average of 13.2%. BRO has a solid earnings surprise history. It surpassed estimates in each of the last four quarters, the average earnings surprise being 9.82%. The top line benefits from improving commis ...
Brown & Brown Strengthens Personal Line With Canopy Buyout
ZACKS· 2024-10-07 17:41
Brown & Brown, Inc.'s (BRO) subsidiary has purchased The Canopy Group. The addition of Canopy Group will boost Brown & Brown's personal line business. Le Sueur, MN-based The Canopy Group is a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. It serves customer across Minnesota. Adding Canopy to the portfolio will not only expand BRO's personal line business but also expand its small business commercial offerings. Meanwhile, Canopy stan ...