BRP Group Inc expected to post earnings of 11 cents a share - Earnings Preview

Baldwin Insurance,

26/02/2024 22:03

* BRP Group Inc  BRP.OQ   BRP.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Tampa Florida-based  company is expected to report a
14.1% increase in revenue to $280.762 million from $246.04
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on November
7 2023, for the period ended December 31, was for revenue
between $275.00 million and $285.00 million. (Sal majority basis
is on Total revenue(base + partnership revenue))
    * ​LSEG's mean analyst estimate for BRP Group Inc is for
earnings
of 11 cents per share. The company's EPS guidance on November 7
2023, for the period ended December 31, was between $0.10 and
$0.12 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for BRP Group
Inc is
$30.00​, above​ its last closing price of $26.47. ​​​

The company's guidance on November 7 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD275 million and
USD45 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.28        0.27       0.29      Beat    5.8
 Jun. 30 2023  0.27        0.27       0.27      Met     0.6
 Mar. 31 2023  0.41        0.41       0.42      Beat    3.7​
 Dec. 31 2022  0.13        0.12       0.12      Met     -1.3
 ​​Sep.        0.16        0.17       0.18      Beat    5.9
 30 2022                                                
 Jun. 30 2022  0.20        0.20       0.23      Beat    14.8​
 Mar. 31 2022  0.52        0.52       0.50      Missed  -3.3
 Dec. 31 2021  0.09        0.09       0.10      Beat    12.5
 This summary was machine generated February 26 at 22:03 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)