Brown & Brown (BRO) Q3 Earnings and Revenues Beat Estimates

Core Insights - Brown & Brown (BRO) reported quarterly earnings of $1.05 per share, exceeding the Zacks Consensus Estimate of $0.90 per share, and showing an increase from $0.91 per share a year ago, resulting in an earnings surprise of +16.67% [1] - The company achieved revenues of $1.61 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 6.61%, and up from $1.19 billion year-over-year [2] - Brown & Brown has outperformed consensus EPS estimates three times over the last four quarters and has topped revenue estimates four times in the same period [2] Financial Performance - The earnings surprise of +16.67% indicates strong performance relative to expectations, while the previous quarter also saw a positive surprise of +4.04% [1][2] - The current consensus EPS estimate for the upcoming quarter is $0.93, with projected revenues of $1.67 billion, and for the current fiscal year, the EPS estimate is $4.15 on revenues of $5.86 billion [7] Market Position - Brown & Brown shares have underperformed the market, losing about 13.7% since the beginning of the year, compared to the S&P 500's gain of 15.5% [3] - The Zacks Industry Rank places the Insurance - Brokerage sector in the top 33% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] Future Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current Zacks Rank for Brown & Brown is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]