Brown & Brown (BRO) Tops Q2 EPS by 6c

Brown & Brown (NYSE: BRO) reported Q2 EPS of $0.34, $0.06 better than the analyst estimate of $0.28. Revenue for the quarter came in at $547.8 million versus the consensus estimate of $574.53 million.

J. Powell Brown, President and Chief Executive Officer of the Company, noted, "Our financial performance for the second quarter reflects the continued dedication and focus of our teammates to serve our customers through these unprecedented times. Despite the challenges of the current economic environment driven by the COVID-19 pandemic, we continue to invest in our business and expand our capabilities. I am pleased to welcome our new teammates at Loan Protector Insurance Services and the Sterling Group, and thank all of our teammates for their commitment and hard work."

For earnings history and earnings-related data on Brown & Brown (BRO) click here.

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