Brown & Brown (BRO) Declares $0.08 Quarterly Dividend; 1.1% Yield
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Brown & Brown (BRO) Reports In-Line Q4 EPS, Revenues Beat
January 28, 2019 5:04 PM ESTBrown & Brown (NYSE: BRO) reported Q4 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $515 million versus the consensus estimate of $496.71 million.
Revenues for the fourth quarter of 2018 under U.S. generally accepted accounting principles (GAAP) were $508.7 million, increasing $34.4 million, or 7.3%, compared to the fourth quarter of the prior year, with commissions and fees increasing by 7.2%. Net income was $73.5... More