Brown & Brown (BRO) Tops Q2 EPS by 5c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Stay long AI-capex winners into the peak, Stifel says despite bubble fears
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Brown & Brown, Inc. Announces Quarterly Revenues of $446.5 Million, an Increase of 6.5%; and Earnings per Share of $0.47, an Increase of 9.3%
July 18, 2016 5:00 PM EDTDAYTONA BEACH, FL -- (Marketwired) -- 07/18/16 -- Brown & Brown, Inc. (NYSE: BRO) (the "Company") today announced its unaudited financial results for the second quarter of 2016.
Revenues for the second quarter of 2016 under U.S. generally accepted accounting principles ("GAAP") were $446.5 million, increasing $27.1 million, or 6.5%, as compared to the second quarter of the prior year, with Organic Revenue (as defined below) increasing by 2.6%. Net income was $66.2 million, increasing by 8.5%, and diluted earnings per share were $0.47, increasing by 9.3%.
Revenues for the six months ended June 30, 2016 under GAAP were $870.7 million, increasing $47.0 million, or 5.7%, as... More
