Brown & Brown slightly misses Q1 revenue estimates

Brown & Brown

27/04/2026 22:19

Overview

U.S. insurance broker's Q1 revenue rose 35% yr/yr, slightly missing analyst expectations

Adjusted EPS for Q1 beat analyst expectations

Organic revenue was flat, with organic revenue including contingents up 2.2%

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

ACQUISITIONS - Revenue growth was primarily driven by acquisitions, as organic revenue was flat

CHALLENGING GROWTH ENVIRONMENT - CEO said the company operated in a challenging growth environment

Company press release: ID:nGNXPZNx2

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$1.90 bln
$1.91 bln (11 Analysts)
Q1 Adjusted EPS
Beat
$1.39
$1.36 (16 Analysts)
Q1 EPS
$1.06


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 17 "hold" and no "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 $81.00, about 22.5% above its April 27 closing price of $66.12

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 17 three months ago

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.)