Profile
Sector:
Financial ServicesIndustry:
Insurance BrokersCountry:
United StatesIPO:
11 February 1981Website:
http://www.bbinsurance.comNext earnings report:
22 January 2025Last dividends:
07 August 2024Next dividends:
06 November 2024Price
after hours | Fri, 01 Nov 2024 23:58:03 GMTAnalysts recommendations
Institutional Ownership
BRO Latest News
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.
DAYTONA BEACH, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) has shared its unaudited financial results for the third quarter of 2024.
DAYTONA BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) has announced that its board of directors has approved a regular quarterly cash dividend of $0.15 per share. This dividend will be paid on November 13, 2024, to shareholders who are on record by November 6, 2024. This marks a 15% rise from the last quarterly cash dividend of $0.13 per share and is the 31st consecutive annual increase for Brown & Brown.
Brown & Brown (BRO) has the right mix of factors that could lead to a strong earnings report soon. Be ready for the important expectations.
Brown & Brown (BRO) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
What type of business is Brown & Brown?
Brown & Brown, Inc. is one of the largest insurance brokers in the world. The company was founded in 1939 with headquarters in Daytona Beach, Florida. Brown provides risk management solutions through its licensed subsidiaries to help protect and preserve what is most important and valuable to clients. The company's business segments offer insurance products and services for general businesses, corporations, government entities, professional organizations, trade associations, families, and individuals.
What sector is Brown & Brown in?
Brown & Brown is in the Financial Services sector
What industry is Brown & Brown in?
Brown & Brown is in the Insurance Brokers industry
What country is Brown & Brown from?
Brown & Brown is headquartered in United States
When did Brown & Brown go public?
Brown & Brown initial public offering (IPO) was on 11 February 1981
What is Brown & Brown website?
https://www.bbinsurance.com
Is Brown & Brown in the S&P 500?
Yes, Brown & Brown is included in the S&P 500 index
Is Brown & Brown in the NASDAQ 100?
No, Brown & Brown is not included in the NASDAQ 100 index
Is Brown & Brown in the Dow Jones?
No, Brown & Brown is not included in the Dow Jones index
When was Brown & Brown the previous earnings report?
No data
When does Brown & Brown earnings report?
The next expected earnings date for Brown & Brown is 22 January 2025