Brown & Brown (BRO) Stock

Brown & Brown (BRO) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

DAYTONA BEACH, Fla., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) is excited to share that our group of companies has received the 2025 Military Friendly® Employer award.

DAYTONA BEACH, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) has revealed that Paul Gallagher, CPA, has been named as its new controller.

DAYTONA BEACH, Fla., Nov. 1, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) has announced that it has successfully completed the acquisition of the insurance business of Quintes Holding B.V., which was previously announced.

Brown & Brown (BRO) has received a Zacks Rank #2 (Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price in the short term.

BRO's Q3 results show better organic revenues, thanks to increased commissions, fees, and investment income. They also experienced a larger EBITDAC margin and higher net investment income, although this was balanced out by rising expenses.

Brown & Brown, Inc. (NYSE:BRO) will hold its Q3 2024 Earnings Conference Call on October 29, 2024, at 8:00 AM ET. The call will feature company leaders, including President and CEO Powell Brown and EVP, CFO, and Treasurer Andy Watts. Various financial analysts from firms like Raymond James, Goldman Sachs, and Wells Fargo will also participate in the discussion.

While the revenue and earnings per share (EPS) for Brown & Brown (BRO) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Brown & Brown (BRO) reported quarterly earnings of $0.91 per share, which is higher than the Zacks Consensus Estimate of $0.87 per share. This is an increase compared to earnings of $0.71 per share from the same period last year.