Brown & Brown Q4 Earnings Top Estimates on Higher Commission and Fees

Brown & Brown, Inc.’s (BRO) fourth-quarter 2024 adjusted earnings of 86 cents per share beat the Zacks Consensus Estimate by 14.7%. The bottom line increased 48.3% year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.The quarterly results reflected improved organic revenues, driven by higher commission and fees and investment income and expanded EBITDAC margin, offset by higher expenses.Shares gained 1.9% in after-market trading to reflect the outperformance.BRO’s Q4 DetailsTot ...