Brown & Brown (BRO) Tops Q1 EPS by 12c, Revenues Beat

Brown & Brown (NYSE: BRO) reported Q1 EPS of $0.70, $0.12 better than the analyst estimate of $0.58. Revenue for the quarter came in at $815.3 million versus the consensus estimate of $755.81 million.

J. Powell Brown, President and Chief Executive Officer of the Company, noted, “We had a great quarter. The results were driven by more new business, good retention, and rate increases across all four divisions. Our team did an outstanding job of delivering for our customers in a work-from-anywhere environment.”

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

You May Also Be Interested In

• Etsy upgraded to buy at BofA on durable growth, buyback potential
• Deere shares climb as fiscal Q3 earnings and revenue top estimates
• ScanSource (SCSC) Tops Q4 EPS by 32c