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0.000246933904025032 0.000411556506708348 -0.000329245205366748 0.000205778253354115 0.00164622602683339 0.00230471643756677 0.00230471643756677 0.00230471643756677
Stock impact report

Earnings Beat, Big Money Lift Brown & Brown Shares [Yahoo! Finance]

Brown & Brown, Inc. (BRO) 
Last brown & brown, inc. earnings: 4/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: brown.edu
Company Research Source: Yahoo! Finance
The company's focus is mostly on property, casualty, and employee benefits lines of business, where BRO connects customers with insurers and generates fees in the process. BRO's new business, customer retention, rate increases, and acquisitions keep it in a strong financial position. Earnings-wise, BRO's fourth-quarter fiscal 2024 report showed $1.2 billion in quarterly revenue, which beat estimates and represents a 15.4% year-over-year increase. Per-share earnings came in at $0.73 on a diluted basis, beating estimates of $0.65. For the full year, revenue came in at $4.8 billion, which was up 12.9% over 2023 and was largely boosted by organic business growth. It's no wonder BRO shares are up 19% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock. Institutional volumes reveal plenty. In the last year, BRO has enjoyed strong investor demand, which we believe to be institutional support. Each Show less Read more
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