Brown & Brown(BRO)

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Brown & Brown, Inc. completes the acquisition of Quintes Holding B.V.
GlobeNewswire News Room· 2024-11-01 10:00
DAYTONA BEACH, Fla., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) today announced the completion of the previously announced acquisition of the insurance operations of Quintes Holding B.V. Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our cu ...
Brown & Brown (BRO) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-10-31 17:00
Brown & Brown (BRO) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual inves ...
Brown & Brown Q3 Earnings Top Estimates on Higher Revenues
ZACKS· 2024-10-29 18:55
Brown & Brown, Inc.'s (BRO) third-quarter 2024 adjusted earnings of 91 cents per share beat the Zacks Consensus Estimate by 4.6%. The bottom line increased 28.2% year over year. The quarterly results reflected improved organic revenues, driven by higher commission and fees and investment income, expanded EBITDAC margin and increased net investment income, offset by higher expenses. BRO's Q3 Details Total revenues of $1.2 billion beat the Zacks Consensus Estimate by 2.2%. The top line improved 11% year over ...
Brown & Brown(BRO) - 2024 Q3 - Earnings Call Transcript
2024-10-29 17:18
Brown & Brown, Inc. (NYSE:BRO) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Powell Brown - President and CEO Andy Watts - EVP, CFO and Treasurer Conference Call Participants Gregory Peters - Raymond James Rob Cox - Goldman Sachs Elyse Greenspan - Wells Fargo Yaron Kinar - Jefferies Michael Zaremski - BMO Mark Hughes - Truist Securities Alex Scott - Barclays Meyer Shields - Keefe, Bruyette & Woods Grace Carter - Bank of America Scott Heleniak - RBC Capital Markets Brian ...
Brown & Brown(BRO) - 2024 Q3 - Earnings Call Presentation
2024-10-29 12:30
Third Quarter 2024 Results October 28, 2024 Brown R Information Regarding Forward-Looking Statements This presentation and the statements made during our earnings call may contain certain statements relating to future results which are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created by those laws. You can identify these statements by forward-lookin ...
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 ...