Improving Commissions and Fees Aid BRO, High Expenses Ail

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 ...