Brown & Brown, Inc. announces third quarter 2024 results, including total revenues of $1.2 billion, an increase of 11.0%; Organic Revenue growth of 9.5%; diluted net income per share of $0...
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., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the third quarter of 2024. Revenues for the third quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $118 million, or 11.0%, compared to the third quarter of the prior year, with commissions and fees increasing by 10.1% and Organic Revenue increasing by 9.5%. Income before income taxes was $317 million, increasing 31.0% from the third quarter of the prior year with Income Before Income Taxes Margin increasing to 26.7% from 22.7%. EBITDAC - Adjusted was $414 million, increasing 11.9% from the third quarter of the prior year with EBITDAC Margin - Adjusted increasing to 34.9% from 34.6%. Net income attributable to the Company was $234 million, increasing $58 million, or 33.0%, and diluted net income per share increased to $0.81, or 30.6%, with Diluted Net Income Per Share - Adjusted
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BRO
News
- Brown & Brown, Inc. (NYSE: BRO) had its price target raised by analysts at Barclays PLC from $108.00 to $119.00. They now have an "equal weight" rating on the stock.MarketBeat
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BRO
Earnings
- 10/28/24 - Beat
BRO
Sec Filings
- 11/14/24 - Form SC
- 10/28/24 - Form 10-Q
- 10/28/24 - Form 8-K
- BRO's page on the SEC website