Picture of Brown & Brown logo

BRO — Brown & Brown News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedLarge CapNeutral

Brown & Brown Inc reports results for the quarter ended June 30 - Earnings Summary

Brown & Brown Inc BRO.N reported quarterly adjusted earnings of $1.03​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 93 cents.  The mean expectation of fourteen analysts for the quarter was for earnings of 99 cents per share. Wall Street expected results to range from 95 cents to $1.02 per share.

Revenue rose 9.1% to $1.29 billion from a year ago; analysts expected $1.28 billion.

Brown & Brown Inc's reported EPS for the quarter was 78 cents​.

The company reported quarterly net income of $231 million.

Brown & Brown Inc shares had fallen by 6.8% this quarter and gained 1.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the multiline insurance & brokers peer group is  "buy."

Wall Street's median 12-month price target for Brown & Brown Inc is $120.50, about 14.9% above its last closing price of $102.58

This summary was machine generated from LSEG data July 28 at 09:49 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.991.03Beat
Mar. 31 20251.301.29Missed
Dec. 31 20240.770.86Beat
Sep. 30 20240.880.91Beat

Recent news on Brown & Brown

See all news