Brown & Brown, Inc. Announces Quarterly Revenues of $501.5 Million, an Increase of 7.8%; Diluted Net Income per Share of $0.32; And a Quarterly Dividend of $0.075 per Share
Brown & Brown, Inc. (BRO)
Last brown & brown, inc. earnings: 4/27 05:00 pm
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US:NYSE Investor Relations:
brown.edu
Company Research
Source: GlobeNewswire
DAYTONA BEACH, Fla., April 23, 2018 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced its unaudited financial results for the first quarter of 2018. Revenues for the first quarter of 2018 under U.S. generally accepted accounting principles (“GAAP”) were $501.5 million, increasing $36.4 million, or 7.8%, compared to the first quarter of the prior year, with commissions and fees increasing by 12.6% and Organic Revenue(1) increasing by 5.7%. Net income was $90.8 million, increasing $20.7 million, or 29.5%, and diluted net income per share was $0.32, increasing by 28.0%, compared to the first quarter of the prior year. Our Diluted Net Income Per Share - Adjusted(5) increased by 50.0% to $0.33. On January 1, 2018 we adopted FASB Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” and Accounting Standards Codification (Topic 340) – Other Assets and Deferred Cost. We believe it is important to include a presentati
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News
- Brown & Brown, Inc. (NYSE:BRO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Brown & Brown, Inc. (NYSE: BRO) had its price target raised by analysts at Wells Fargo & Company from $84.00 to $85.00. They now have an "equal weight" rating on the stock.MarketBeat
- Brown & Brown, Inc. (NYSE: BRO) had its price target raised by analysts at Truist Financial Co. from $92.00 to $94.00. They now have a "buy" rating on the stock.MarketBeat
- ClinicalMind Acquires 11TEN Innovation Partners, Uniting Cutting-Edge Medical Communications with Strategic Consulting to Drive Innovation in Life SciencesPR Web
- Here's What Key Metrics Tell Us About Brown & Brown (BRO) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
BRO
Earnings
- 4/22/24 - Beat
BRO
Sec Filings
- 4/25/24 - Form 4
- 4/24/24 - Form 10-Q
- 4/22/24 - Form 8-K
- BRO's page on the SEC website