Brown & Brown Inc reports results for the quarter ended March 31 - Earnings Summary

Brown & Brown

28/04/2025 23:15

Brown & Brown Inc BRO.N reported quarterly adjusted earnings of $1.29​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.14.  The mean expectation of fourteen analysts for the quarter was for earnings of $1.30 per share. Wall Street expected results to range from $1.16  to $1.50 per share.

Revenue rose 11.6% to $1.40 billion from a year ago; analysts expected $1.40 billion.

Brown & Brown Inc's reported EPS for the quarter was $1.15​.

The company reported quarterly net income of $331 million.

Brown & Brown Inc shares had fallen by 8.0% this quarter and gained 12.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 5.3% in the last three months.​

In the last 30 days, two 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 also "hold"

Wall Street's median 12-month price target for Brown & Brown Inc is $120.00

This summary was machine generated from LSEG data April 28 at 10:14 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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
1.30
1.29
Missed
Dec. 31 2024
0.77
0.86
Beat
Sep. 30 2024
0.88
0.91
Beat
Jun. 30 2024
0.88
0.93
Beat