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Stock impact report

Brown & Brown Q1 Earnings Top Estimates on Higher Commissions [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 quarterly results were supported by higher commissions and fees, improved investment income and higher adjusted EBITDAC, though partially offset by elevated expenses and flat organic growth. BRO's Q1 Details Total revenues of $1.9 billion beat the Zacks Consensus Estimate by 1.4%. The top line improved 35.4% year over year. The upside can be primarily attributed to commission and fees, which grew 35.7% year over year to $1.8 billion. The figure beat the Zacks Consensus Estimate for commission and fees by 1%. Improved investment and other income added to the top line. Brown & Brown, Inc. Price, Consensus and EPS Surprise Brown & Brown, Inc. Price, Consensus and EPS Surprise Brown & Brown, Inc. price-consensus-eps-surprise-chart | Brown & Brown, Inc. Quote Organic revenues remained flat year over year at $1.3 billion. Investment income and other income increased 10.5% year over year to $21 million. Adjusted EBITDAC was $731 million, up 36.6% year over year. The EBIT Show less Read more
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