Seeking Clues to Brown & Brown (BRO) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Viewpoint - Wall Street analysts anticipate Brown & Brown (BRO) will report quarterly earnings of $0.89 per share, reflecting a year-over-year increase of 3.5%, with revenues expected to reach $1.61 billion, up 35.8% from the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 0.5%, indicating a collective reassessment by analysts of their initial forecasts [2]. - Changes in earnings estimates are crucial for predicting potential investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Revenue Projections - Analysts project 'Revenues- Commissions and fees' to reach $1.62 billion, indicating a year-over-year change of +39.2% [4]. - The estimated 'Revenues- Investment income' is $30.12 million, reflecting a change of +36.9% from the year-ago quarter [5]. - 'Total revenues- Other' are expected to be $33.00 million, suggesting a significant year-over-year change of +153.9% [5]. - 'Total revenues- Retail' is projected to be $965.15 million, indicating a change of +51.8% from the prior-year quarter [6]. Stock Performance - Brown & Brown shares have experienced a decline of -1.1% over the past month, compared to a -0.4% change in the Zacks S&P 500 composite [6]. - With a Zacks Rank of 3 (Hold), BRO is expected to closely follow overall market performance in the near term [6].