Brown & Brown (BRO) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Brown & Brown (BRO) reported a revenue of $1.61 billion for the quarter ended December 2025, reflecting a year-over-year increase of 35.7% [1] - The earnings per share (EPS) for the quarter was $0.93, up from $0.86 in the same quarter last year, with an EPS surprise of +2.53% compared to the consensus estimate of $0.91 [1] Financial Performance - The reported revenue was a slight miss, with a surprise of -2.16% against the Zacks Consensus Estimate of $1.64 billion [1] - Total organic growth was reported at -2.8%, which was below the five-analyst average estimate of -0.7% [4] - Commissions and fees totaled $1.58 billion, which was below the six-analyst average estimate of $1.62 billion, but represented a year-over-year increase of 36.1% [4] - Retail commissions and fees were reported at $911 million, compared to the average estimate of $935.63 million [4] - Total revenues from retail were $920 million, exceeding the estimated $965.15 million, marking a year-over-year increase of 44.7% [4] - Specialty distribution revenues were reported at $678 million, slightly below the average estimate of $684.38 million [4] Income Metrics - Income before income taxes for retail was $131 million, lower than the average estimate of $165.67 million [4] - Income before income taxes for other segments was reported at -$21 million, significantly better than the average estimate of -$106.77 million [4] - Specialty distribution income before income taxes was $211 million, compared to the average estimate of $233.13 million [4] Stock Performance - Over the past month, shares of Brown & Brown have returned -2%, while the Zacks S&P 500 composite saw a +0.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]