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Barksdale Announces Closing of Private Placement Financing
Newsfile· 2024-07-26 23:32
Vancouver, British Columbia--(Newsfile Corp. - July 26, 2024) - Barksdale Resources Corp. (TSXV: BRO) ("Barksdale" or the "Company") is pleased to announce the closing of the second and final tranche ("Final Tranche") of its previously announced non-brokered private placement offering ("Offering") of units of the Company ("Units") with the issuance of 14,674,683 Units for gross proceeds of $2,201,202.45. The first tranche ("First Tranche") of the non-brokered private placement offering comprising 27,325,317 ...
Brown & Brown(BRO) - 2024 Q2 - Earnings Call Transcript
2024-07-23 18:00
Brown & Brown, Inc. (NYSE:BRO) Q2 2024 Earnings Conference Call July 23, 2024 8:00 AM ET Company Participants Powell Brown - President and CEO Andy Watts - EVP, CFO and Treasurer Conference Call Participants Mark Hughes - Truist Securities Michael Zaremski - BMO Elyse Greenspan - Wells Fargo Yaron Kinar - Jefferies Rob Cox - Goldman Sachs Sidney Schultz - Raymond James Grace Carter - Bank of America Meyer Shields - Keefe, Bruyette & Woods Mike Ward - Citi Scott Heleniak - RBC Capital Markets Operator Good m ...
Brown & Brown (BRO) Q2 Earnings Beat Estimates, Improve Y/Y
ZACKS· 2024-07-23 14:41
Brown & Brown, Inc.'s (BRO) second-quarter 2024 adjusted earnings of 93 cents per share beat the Zacks Consensus Estimate by 6.8%. The bottom line increased 17.7% year over year. The quarterly results reflected improved organic revenues, expanded EBITDAC margin and increased net investment income, offset by higher expenses. Total revenues of $1.2 billion beat the Zacks Consensus Estimate by 3.3%. The top line improved 12.5% year over year. The upside can be primarily attributed to commission and fees, which ...
Brown & Brown (BRO) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-07-23 00:01
Brown & Brown (BRO) reported $1.18 billion in revenue for the quarter ended June 2024, representing a yearover-year increase of 12.5%. EPS of $0.93 for the same period compares to $0.68 a year ago. View all Key Company Metrics for Brown & Brown here>>> Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Revenues- Commissions and fees: $1 ...
Brown & Brown (BRO) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-22 23:40
This quarterly report represents an earnings surprise of 6.90%. A quarter ago, it was expected that this insurance company would post earnings of $1.07 per share when it actually produced earnings of $1.14, delivering a surprise of 6.54%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Brown & Brown has outperformed the market so far this year, the ques ...
Brown & Brown(BRO) - 2024 Q2 - Quarterly Report
2024-07-22 21:31
Brown & Brown, Inc., a Florida corporation, and its subsidiaries (collectively, "Brown & Brown" or the "Company") is a diversified insurance agency, wholesale brokerage, insurance programs and service organization that markets and sells insurance products and services, primarily in the property, casualty and employee benefits areas. Brown & Brown's business is divided into three reportable segments. The Retail segment provides a broad range of insurance products and services to commercial, public and quasip ...
Brown & Brown(BRO) - 2024 Q2 - Quarterly Results
2024-07-22 21:29
Exhibit 99.1 Brown & Brown, Inc. announces second quarter 2024 results, including total revenues of $1.2 billion, an increase of 12.5%; Organic Revenue growth of 10.0%; diluted net income per share of $0.90; and Diluted Net Income Per Share - Adjusted of $0.93 DAYTONA BEACH, Fla., July 22, 2024 - Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the second quarter of 2024. Revenues for the second quarter of 2024 under U.S. generally accepted accounting principles ( ...
Brown & Brown, Inc. announces second quarter 2024 results, including total revenues of $1.2 billion, an increase of 12.5%; Organic Revenue growth of 10.0%; diluted net income per share of $0.90; and Diluted Net Income Per Share - Adjusted of $0.93
Newsfilter· 2024-07-22 21:27
Revenues for the second quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $131 million, or 12.5%, compared to the second quarter of the prior year, with commissions and fees increasing by 11.4% and Organic Revenue increasing by 10.0%. Income before income taxes was $346 million, increasing 36.2% from the second quarter of the prior year with Income Before Income Taxes Margin increasing to 29.4% from 24.3%. EBITDAC - Adjusted was $420 million, increasi ...
Brown & Brown, Inc. announces second quarter 2024 results, including total revenues of $1.2 billion, an increase of 12.5%; Organic Revenue growth of 10.0%; diluted net income per share of $0.90; and Diluted Net Income Per Share - Adjusted of $0.93
GlobeNewswire News Room· 2024-07-22 21:27
DAYTONA BEACH, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the second quarter of 2024. Revenues for the second quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $131 million, or 12.5%, compared to the second quarter of the prior year, with commissions and fees increasing by 11.4% and Organic Revenue increasing by 10.0%. Income before income taxes was $346 million, ...
Brown & Brown, Inc. included on 2024 Fortune Best Workplaces for Millennials™ list
GlobeNewswire News Room· 2024-07-18 11:30
"Our team is what makes our company special—they are our most valuable and important resource, and we're very proud to receive this recognition based on feedback directly from teammates," says Powell Brown, president and chief executive officer. Matt Heimer, executive editor for features at Fortune, added, "Congratulations to all of the Best Workplaces for Millennials finalists. The expectations of this age cohort are setting a high bar for employers. Millennials place an unusually high priority on purpose- ...