TAMPA, Fla. (AP) _ BRP Group, Inc. (BRP) on Tuesday reported first-quarter earnings of $22.9 million.

On a per-share basis, the Tampa, Florida-based company said it had profit of 39 cents. Earnings, adjusted for amortization costs and non-recurring costs, were 50 cents per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.

The company posted revenue of $242.8 million in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $233.3 million.

BRP Group shares have decreased 35% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $23.32, a decrease of 8% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BRP at https://www.zacks.com/ap/BRP

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