Brown & Brown Q3 Earnings Top Estimates on Higher Revenues
Brown & Brown(BRO) 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 ...