Curious about Brown & Brown (BRO) Q3 Performance? Explore Wall Street Estimates for Key Metrics

Core Insights - Analysts project that Brown & Brown (BRO) will report quarterly earnings of $0.90 per share, reflecting a year-over-year decline of 1.1%, while revenues are expected to reach $1.51 billion, marking a 27% increase from the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised downward by 1.3% in the past 30 days, indicating a reassessment by covering analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3] Revenue Metrics - Analysts project 'Revenues- Investment income' to be $32.98 million, a 6.4% increase from the prior-year quarter [5] - 'Revenues- Commissions and fees' are expected to reach $1.47 billion, reflecting a 27.4% increase year-over-year [5] - The average prediction for 'Total revenues- Other' is $26.15 million, indicating a 24.5% year-over-year change [5] Stock Performance - Over the past month, shares of Brown & Brown have decreased by 4.2%, contrasting with the Zacks S&P 500 composite's increase of 1.1% [6] - Currently, BRO holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [6]