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Stock impact report

Brown & Brown, Inc. Announces Quarterly Revenues of $618.7 Million, an Increase of 16.5%; and Diluted Net Income Per Share of $0.41

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: GlobeNewswire
DAYTONA BEACH, Fla., Oct. 28, 2019 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced its unaudited financial results for the third quarter of 2019. Revenues for the third quarter of 2019 under U.S. generally accepted accounting principles ("GAAP") were $618.7 million, increasing $87.8 million, or 16.5%, compared to the third quarter of the prior year, with commissions and fees increasing by 16.5% and Organic Revenue(1) increasing by 3.4%. Net income was $115.6 million, increasing $9.5 million, or 9.0%, and diluted net income per share was $0.41, increasing by 7.9%, each as compared to the third quarter of the prior year. Diluted Net Income Per Share - Adjusted(2) increased to $0.39, or 2.6%, compared to the third quarter of the prior year. Revenues for the nine months ended September 30, 2019 under GAAP were $1,813.2 million, increasing $307.7 million, or 20.4%, as compared to the same period of 2018, with commissions and fees increasing by 20.3% a Show less Read more
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