Brown & Brown Q2 revenue, profit miss estimates; acquisition growth fails to impress investors

Brown & Brown

27/07/2026 22:13

Overview
U.S. insurance brokerage's Q2 revenue missed analyst expectations
Adjusted EPS for Q2 increased 3.9% but missed analyst expectations
Organic revenue declined 0.7%, while organic revenue with contingents rose 0.7%

Outlook
Company did not provide specific financial guidance for the current or future periods

Result Drivers
ACQUISITIONS - Revenue growth in Q2 was primarily driven by acquisitions, as organic revenue declined 0.7%
CONTINGENT COMMISSIONS - Modest growth in organic revenue with contingents, up 0.7% in Q2

Company press release: ID:nGNX5bbYG0

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$1.70 bln
$1.72 bln (13 Analysts)
Q2 Adjusted EPS
Miss
$1.07
$1.08 (17 Analysts)
Q2 EPS
 
$0.84
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 16 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the multiline insurance & brokers peer group is "hold"
Wall Street's median 12-month price target for Brown & Brown Inc is $72.00, about 3.3% above its July 27 closing price of $69.70
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)