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0 0 0.00840336134453774 0.034453781512605 0.0364145658263305 0.0257703081232493 0.030812324929972 0.030812324929972
Stock impact report

Brown & Brown, Inc. Announces Quarterly Revenues of $698.5 Million, an Increase of 12.8%; and Diluted Net Income Per Share of $0.54

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., April 27, 2020 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced its unaudited financial results for the first quarter of 2020. Revenues for the first quarter of 2020 under U.S. generally accepted accounting principles ("GAAP") were $698.5 million, increasing $79.2 million, or 12.8%, compared to the first quarter of the prior year, with commissions and fees increasing by 12.8% and Organic Revenue(1) increasing by 5.6%. Net income was $152.4 million, increasing $38.5 million, or 33.8%, and diluted net income per share increased to $0.54, or 35.0%, each as compared to the first quarter of the prior year. Diluted Net Income Per Share - Adjusted(2) increased to $0.51, or 24.4%, compared to the first quarter of the prior year. In accordance with Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” and Accounting Standards Codification Topic 340 – Other A Show less Read more
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