Brown & Brown (BRO) Tops Q2 EPS by 9c

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Go back to Brown & Brown (BRO) Tops Q2 EPS by 9c

Brown & Brown, Inc. Announces Quarterly Revenues of $727.3 Million, an Increase of 21.5%, and Diluted Net Income Per Share of $0.49

July 26, 2021 5:00 PM EDT

DAYTONA BEACH, Fla., July 26, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the "Company") today announced its unaudited financial results for the second quarter of 2021.

Revenues for the second quarter of 2021 under U.S. generally accepted accounting principles ("GAAP") were $727.3 million, increasing $128.5 million, or 21.5%, compared to the second quarter of the prior year, with commissions and fees increasing by 21.3% and Organic Revenue(1) increasing by 14.7%. Net income was $139.3 million, increasing $42.5 million, or 43.9%, and diluted net income per share increased to $0.49, or 44.1% as compared to the second quarter of the prior... More