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Brown & Brown Q1 Earnings Miss Estimates on Higher Expenses
ZACKS· 2025-04-29 13:20
Brown & Brown, Inc.’s (BRO) first-quarter 2025 adjusted earnings of $1.29 per share missed the Zacks Consensus Estimate by 0.7%. The bottom line, however, increased 13.2% year over year.The quarterly results reflected strong organic growth, improved EBITDAC margin and higher commission and fees, partly offset by higher expenses and lower investment and other income. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Q1 DetailsTotal revenues of $1.4 billion beat the Zacks Consensus Esti ...
Brown & Brown(BRO) - 2025 Q1 - Earnings Call Transcript
2025-04-29 12:00
Brown & Brown (BRO) Q1 2025 Earnings Call April 29, 2025 08:00 AM ET Company Participants Powell Brown - President & CEOAndrew Watts - EVP, CFO & TreasurerGregory Peters - Managing Director - Equity ResearchMeyer Shields - Managing DirectorCharlie Rodgers - Equity Research AssociateBrian Meredith - Managing DirectorElyse Greenspan - Managing Director Conference Call Participants Mark Hughes - AnalystMichael Zaremski - Managing Director & Senior Equity Research AnalystJoshua Shanker - Managing Director & Equ ...
Brown & Brown (BRO) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-04-29 00:01
Brown & Brown (BRO) reported $1.4 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 11.6%. EPS of $1.29 for the same period compares to $1.14 a year ago.The reported revenue represents a surprise of +0.14% over the Zacks Consensus Estimate of $1.4 billion. With the consensus EPS estimate being $1.30, the EPS surprise was -0.77%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...
Brown & Brown (BRO) Lags Q1 Earnings Estimates
ZACKS· 2025-04-28 23:15
Brown & Brown (BRO) came out with quarterly earnings of $1.29 per share, missing the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.77%. A quarter ago, it was expected that this insurance company would post earnings of $0.75 per share when it actually produced earnings of $0.86, delivering a surprise of 14.67%.Over the last four quarters, the c ...
Brown & Brown(BRO) - 2025 Q1 - Quarterly Report
2025-04-28 21:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 BROWN & BROWN, INC. (Exact name of Registrant as specified in its charter) FORM 10-Q (State or other jurisdiction of incorporation or organization) 300 North Beach Street, Daytona Beach, FL 32114 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT O ...
Brown & Brown(BRO) - 2025 Q1 - Quarterly Results
2025-04-28 21:03
Exhibit 99.1 Brown & Brown, Inc. announces first quarter 2025 results, including total revenues of $1.4 billion, an increase of 11.6%; Organic Revenue growth of 6.5%; diluted net income per share of $1.15; Diluted Net Income Per Share - Adjusted of $1.29; and a quarterly dividend of $0.15 per share Revenues for the first quarter of 2025 under U.S. generally accepted accounting principles ("GAAP") were $1.4 billion, increasing $146 million, or 11.6%, compared to the first quarter of the prior year, with comm ...
Exploring Analyst Estimates for Brown & Brown (BRO) Q1 Earnings, Beyond Revenue and EPS
ZACKS· 2025-04-23 14:21
Analysts' assessment points toward 'Revenues- Investment income' reaching $19.30 million. The estimate suggests a change of +7.2% year over year. Analysts predict that the 'Revenues- Core commissions and fees' will reach $1.34 billion. The estimate indicates a change of +12.3% from the prior-year quarter. Analysts forecast 'Revenues- Other income, net' to reach $2.92 million. The estimate points to a change of -2.6% from the year-ago quarter. The combined assessment of analysts suggests that 'Revenues- Prof ...
Will Brown & Brown Pull Off a Surprise This Earnings Season?
ZACKS· 2025-04-23 13:25
Brown & Brown, Inc. (BRO) is expected to register an improvement in its top and bottom lines when it reports first-quarter 2025 results on April 28, after the closing bell.The Zacks Consensus Estimate for BRO’s first-quarter revenues is pegged at $1.4 billion, indicating 11.4% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at $1.30 per share. The Zacks Consensus Estimate for BRO’s first-quarter earnings has moved up 0.7% in the past 30 days. The estimate suggests a ye ...
The Zacks Analyst Blog American Water Works, Exelon, CenterPoint Energy, The Progressive and Brown & Brown
ZACKS· 2025-04-15 11:40
Core Viewpoint - The U.S. stock markets are experiencing extreme volatility due to the imposition of new tariffs by the Trump administration, which has raised concerns about a potential global trade war and its impact on the U.S. economy [2][4]. Group 1: Market Overview - The baseline tariff of 10% was imposed on all imports starting April 5, 2025, with rates reaching as high as 145% for certain countries like China [2][3]. - The S&P 500 index is currently in correction territory, having declined by 8.6% year to date, and was trading close to bear market levels last week [5]. Group 2: Featured Stocks - A selection of stocks that have provided double-digit returns year to date includes American Water Works Co. Inc. (AWK), Exelon Corp. (EXC), CenterPoint Energy Inc. (CNP), The Progressive Corp. (PGR), and Brown & Brown Inc. (BRO), all carrying a Zacks Rank 2 (Buy) [6]. Group 3: American Water Works Co. Inc. (AWK) - AWK is benefiting from contributions from acquired assets and military contracts, with new water and wastewater rates enhancing performance [7]. - The company is expanding its operations through both organic and inorganic initiatives, with 17 pending acquisitions expected to add 24,200 customers [9]. - AWK has projected revenue and earnings growth rates of 1.6% and 6.1%, respectively, for the current year, with a recent 0.2% improvement in the earnings consensus estimate [10]. Group 4: Exelon Corp. (EXC) - Exelon's investments are aimed at strengthening its transmission and distribution infrastructure, with initiatives in grid modernization expected to enhance service reliability [11]. - The company anticipates revenue and earnings growth rates of 4.2% and 6.4%, respectively, for the current year, with a 0.8% improvement in the earnings consensus estimate over the last 30 days [12]. Group 5: CenterPoint Energy Inc. (CNP) - CNP is positioned to benefit from increasing electricity demand driven by the electrification of transportation and investments in renewable energy [13]. - The company has an expected revenue and earnings growth rate of 3.2% and 8%, respectively, for the current year, with a 0.6% improvement in the earnings consensus estimate over the last 60 days [16]. Group 6: The Progressive Corp. (PGR) - PGR is experiencing growth due to higher premiums and a strong product portfolio, focusing on becoming a one-stop insurance destination [17]. - The expected revenue and earnings growth rates for PGR are 16.1% and 10.9%, respectively, with a 1% improvement in the earnings consensus estimate over the last seven days [18]. Group 7: Brown & Brown Inc. (BRO) - BRO's growth trajectory is supported by a compelling portfolio and strategic initiatives that enhance its capabilities and geographic reach [19]. - The company has projected revenue and earnings growth rates of 8.4% and 9.1%, respectively, for the current year, with a 0.2% improvement in the earnings consensus estimate over the last 30 days [20].
Buy 5 S&P 500 Stocks Flying High Amid Index's Prevailing Volatility
ZACKS· 2025-04-14 13:20
Market Overview - U.S. stock markets are experiencing extreme volatility in April due to the "Liberation Day" tariffs imposed by the Trump administration, with a baseline tariff of 10% on all imports and rates as high as 145% for certain countries like China [1][2] - The S&P 500 index is currently in correction territory, trading almost in bear market zone, with a year-to-date decline of 8.6% [3] Investment Opportunities - Despite the overall market downturn, a handful of S&P 500 stocks have provided double-digit returns year to date, with five recommended stocks carrying a favorable Zacks Rank of 2 (Buy): American Water Works Co. Inc. (AWK), Exelon Corp. (EXC), CenterPoint Energy Inc. (CNP), The Progressive Corp. (PGR), and Brown & Brown Inc. (BRO) [4] American Water Works Co. Inc. (AWK) - AWK is benefiting from contributions from acquired assets and military contracts, with new water and wastewater rates boosting performance [8] - The company is expanding operations through organic and inorganic initiatives, with 17 pending acquisitions expected to add 24,200 customers [10] - AWK has expected revenue and earnings growth rates of 1.6% and 6.1%, respectively, for the current year, with a 0.2% improvement in the Zacks Consensus Estimate for current-year earnings over the last seven days [11] Exelon Corp. (EXC) - Exelon's investments are aimed at strengthening its transmission and distribution infrastructure, with initiatives in grid modernization improving operational resilience [12] - The company has expected revenue and earnings growth rates of 4.2% and 6.4%, respectively, for the current year, with a 0.8% improvement in the Zacks Consensus Estimate for current-year earnings over the last 30 days [13] CenterPoint Energy Inc. (CNP) - CNP is positioned to benefit from increasing electricity demand due to the electrification of transportation and investments in renewable energy [14] - The company has expected revenue and earnings growth rates of 3.2% and 8%, respectively, for the current year, with a 0.6% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [17] The Progressive Corp. (PGR) - PGR is gaining from higher premiums and a strong product portfolio, focusing on becoming a one-stop insurance destination [18] - The company has expected revenue and earnings growth rates of 16.1% and 10.9%, respectively, for the current year, with a 1% improvement in the Zacks Consensus Estimate for current-year earnings over the last seven days [19] Brown & Brown Inc. (BRO) - BRO's growth trajectory is driven by organic and inorganic initiatives, enhancing its capabilities and geographic reach [20] - The company has expected revenue and earnings growth rates of 8.4% and 9.1%, respectively, for the current year, with a 0.2% improvement in the Zacks Consensus Estimate for current-year earnings over the last 30 days [22]