Brown & Brown, Inc.

BRO

US1152361010

Multiline Insurance & Brokers

Market Closed - Nyse Other stock markets 04:00:02 2024-04-24 pm EDT			5-day change	1st Jan Change
82.13 ^USD	-0.96%		+1.87%	+15.50%

Apr. 24	Wells Fargo Adjusts Price Target on Brown & Brown to $85 From $84	MT
Apr. 24	Truist Lifts Price Target on Brown & Brown to $94 From $92, Keeps Buy Rating	MT

Brown & Brown, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

July 25, 2022 at 05:04 pm EDT

Brown & Brown, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 839.7 million compared to USD 727.3 million a year ago. Net income was USD 145.2 million compared to USD 139.3 million a year ago. Basic earnings per share from continuing operations was USD 0.51 compared to USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 0.51 compared to USD 0.49 a year ago.
For the six months, revenue was USD 1,744.5 million compared to USD 1,542.6 million a year ago. Net income was USD 365.5 million compared to USD 339 million a year ago. Basic earnings per share from continuing operations was USD 1.29 compared to USD 1.2 a year ago. Diluted earnings per share from continuing operations was USD 1.29 compared to USD 1.2 a year ago.

Latest news about Brown & Brown, Inc.

Wells Fargo Adjusts Price Target on Brown & Brown to $85 From $84	Apr. 24	MT
Truist Lifts Price Target on Brown & Brown to $94 From $92, Keeps Buy Rating	Apr. 24	MT
Transcript : Brown & Brown, Inc., Q1 2024 Earnings Call, Apr 23, 2024	Apr. 23
Brown & Brown Q1 Adjusted Earnings, Revenue Rise	Apr. 22	MT
Brown & Brown's profit rises on higher income from fees, investments	Apr. 22	RE
Earnings Flash (BRO) BROWN & BROWN Posts Q1 EPS $1.14, vs. Street Est of $1.07	Apr. 22	MT
Earnings Flash (BRO) BROWN & BROWN Posts Q1 Revenue $1.26B, vs. Street Est of $1.217B	Apr. 22	MT
Equities Higher as Investors Look Ahead to Week's Key Earnings	Apr. 22	MT
Citigroup Raises Brown & Brown's Price Target to $94 From $89	Apr. 15	MT
Zacks Adjusts Price Target on Brown & Brown to $86 From $91	Apr. 15	MT
Wells Fargo Raises Price Target on Brown & Brown to $84 From $81, Keeps Equalweight Rating	Apr. 11	MT
James C. Hays Notifies Brown & Brown, Inc. of His Decision to Resign from the Board and as A Member of the Board?s Acquisition Committee	Apr. 11	CI
Brown & Brown Acquires CHAPP, Citrus Insurance Assets	Apr. 03	MT
Brown & Brown, Inc. acquired Assets of Assets of Citrus Insurance Services, Inc.	Apr. 02	CI
Brown & Brown, Inc. acquired Assests of CHAPP, Inc	Apr. 02	CI
Momentum Picks Q2 2024: 5 stocks for spring	Apr. 02
Brown & Brown, Inc. Announces Senior Leadership Team Appointments	Apr. 01	CI
Raymond James Raises Brown & Brown Price Target to $95 From $90, Maintains Outperform Rating	Mar. 26	MT
How to learn from your mistakes with François Rochon	Mar. 26
RBC Lifts Price Target on Brown & Brown to $95 From $87 on 'Healthy Top-Line Momentum', 'Strong Execution,' Keeps Outperform Rating	Mar. 20	MT
Brown & Brown Insider Sold Shares Worth $20,210,253, According to a Recent SEC Filing	Mar. 14	MT
BofA Securities Downgrades Brown & Brown to Underperform From Neutral, Raises Price Target to $86 From $80	Mar. 13	MT
Sector Update: Financial Stocks Gain Pre-Bell Wednesday	Mar. 13	MT
Brown & Brown Dealer Services Acquires DealerMax Assets	Mar. 13	MT
Brown & Brown, Inc. acquired Assets of DealerMax.	Mar. 12	CI

Chart Brown & Brown, Inc.

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Company Profile

Brown & Brown, Inc. is an insurance group organized around five business segments: - sale of insurance products (57.3% of revenues): for commercial, professional and individual customers. The group also offers services and warranty products not covered by insurance through its services to car dealers; - management of national insurance and coverage programs (25.3%): including the sale of professional liability insurance products, a wide range of insurance products for individuals and property and casualty insurance to members of various professional and business associations. The activity is carried out through a national network of independent agents; - insurance brokerage (12.7%): sale of surplus insurance policies from companies and individuals through independent agents and brokers; - services (3.8%): including third-party claims management services and workers' compensation and employee benefits consulting services ; - other (0.9%).

Sector

Multiline Insurance & Brokers

Calendar

2024-05-08 - Annual General Meeting

Related indices

S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

Brown & Brown, Inc. : An exceptional family business

November 07, 2023 at 04:47 am EST

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Ratings for Brown & Brown, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

82.13 USD

Average target price

89.76 USD

Spread / Average Target

+9.29%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

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Insurance Brokers

Brown & Brown, Inc.

Equities

BRO

US1152361010

Multiline Insurance & Brokers

Brown & Brown, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

EPS Revisions