Brown & Brown (BRO) Tops Q2 EPS by 3c

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Go back to Brown & Brown (BRO) Tops Q2 EPS by 3c

Brown & Brown, Inc. Announces Quarterly Revenues of $473.1 Million, an Increase of 1.5%; and Diluted Net Income Per Share of $0.26

July 23, 2018 5:29 PM EDT

DAYTONA BEACH, Fla., July 23, 2018 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the "Company") today announced its unaudited financial results for the second quarter of 2018.

Revenues for the second quarter of 2018 under U.S. generally accepted accounting principles (GAAP) were $473.1 million, increasing $6.8 million, or 1.5%, compared to the second quarter of the prior year, with commissions and fees increasing by 1.6%. Net income was $73.9 million, increasing $7.8 million, or 11.8%, and diluted net income per share was $0.26, increasing by 13.0%, compared to the second quarter of the prior year. Total Revenues - Adjusted and Excluding the New... More