Brown & Brown, Inc. announces first quarter 2024 results, including total revenues of $1,258 million, an increase of 12.7%; Organic Revenue growth of 8.6%; diluted net income per share of ...
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Brown & Brown, Inc. (BRO)
Last brown & brown, inc. earnings: 4/27 05:00 pm
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US:NYSE Investor Relations:
brown.edu
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Source: GlobeNewswire
DAYTONA BEACH, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the first quarter of 2024. Revenues for the first quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1,258 million, increasing $142 million, or 12.7%, compared to the first quarter of the prior year, with commissions and fees increasing by 11.6% and Organic Revenue increasing by 8.6%. Income before income taxes was $364 million, increasing 23.8% from the first quarter of the prior year with Income Before Income Taxes Margin increasing to 28.9% from 26.3%. EBITDAC - Adjusted was $466 million, increasing 17.1% compared to the first quarter of the prior year with EBITDAC Margin - Adjusted increasing to 37.0% from 35.7%. Net income was $293 million, increasing $57 million, or 24.2%, and diluted net income per share increased to $1.02, or by 22.9%, with Diluted Net Income Per Share - Adjusted increasing to $1
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BRO
News
- Brown & Brown, Inc. (NYSE: BRO) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Insurity Announces Gray Nester, Chief Information Officer at Brown & Brown, Inc., to Give Keynote Address at Excellence in Insurance Conference [Yahoo! Finance]Yahoo! Finance
- Insurity Announces Gray Nester, Chief Information Officer at Brown & Brown, Inc., to Give Keynote Address at Excellence in Insurance ConferenceBusiness Wire
- Do Analysts Expect a Significant Slowdown in Brown & Brown, Inc. (BRO)'s Revenue Growth? [Yahoo! Finance]Yahoo! Finance
- Brown & Brown (BRO) Rises 27% YTD: Can It Retain the Upside? [Yahoo! Finance]Yahoo! Finance
BRO
Earnings
- 4/22/24 - Beat
BRO
Sec Filings
- 6/20/24 - Form 11-K
- 6/11/24 - Form 8-K
- 6/7/24 - Form 144
- BRO's page on the SEC website