Shares of Brown & Brown, Inc. (BRO) have rallied 36.9% in the past year, outperforming the industry’s 22.8% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector’s return of 23% and 19.4%, respectively, in the past year. With a market capitalization of $29.15 billion, the average volume of shares traded in the last three months was 1.3 million.BRO Outperformed Industry, Sector, S&P in a YearImage Source: Zacks Investment ResearchThe expected long-term earnings growth is 11 ...

DAYTONA BEACH, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2024 fourth-quarter earnings on Monday, January 27, 2025, after the close of the market. On Tuesday, January 28, 2025, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's fourth-quarter 2024 financial results. You ...

DAYTONA BEACH, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 fourth-quarter earnings on Monday, January 27, 2025, after the close of the market. On Tuesday, January 28, 2025, J. Powell Brown, Brown & Brown’s president and chief executive officer, and R. Andrew Watts, Brown & Brown’s executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's fourth-quarter 2024 financial results. Yo ...

A month has gone by since the last earnings report for Brown & Brown (BRO) . Shares have added about 8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Brown & Brown due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Brown & Brown Q3 Earnings Top Estimates on Higher Re ...

DAYTONA BEACH, Fla., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) is proud to announce that our team of companies earned the 2025 Military Friendly® Employer designation. "Our Military Friendly® Employer designation is a result of strong collaboration across teams, including our Veterans Teammate Resource Group. Their insights and dedication help us create a more inclusive and supportive culture for veterans, spouses and the military community. Bringing service members onto the Brown & B ...

DAYTONA BEACH, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) has announced the appointment of Paul Gallagher, CPA, as its controller. In this role, Gallagher will provide strategic guidance and leadership for all financial operations, including SEC and financial reporting, controls and compliance, acquisitions, planning and strategic decision-making. He will also play a key role in supporting continued talent development. “We are very excited to welcome Paul to the ...

DAYTONA BEACH, Fla., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) today announced the completion of the previously announced acquisition of the insurance operations of Quintes Holding B.V. Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our cu ...

Brown & Brown (BRO) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual inves ...

Brown & Brown, Inc.'s (BRO) third-quarter 2024 adjusted earnings of 91 cents per share beat the Zacks Consensus Estimate by 4.6%. The bottom line increased 28.2% year over year. The quarterly results reflected improved organic revenues, driven by higher commission and fees and investment income, expanded EBITDAC margin and increased net investment income, offset by higher expenses. BRO's Q3 Details Total revenues of $1.2 billion beat the Zacks Consensus Estimate by 2.2%. The top line improved 11% year over ...

财务数据和关键指标变化 - 公司第三季度实现总收入约为12亿美元，同比增长11%，有机增长为9.5% [9][25] - EBITDAC利润为3.49亿美元，EBITDAC利润率提高30个基点至34.9% [9][25] - 每股稀释净收益增长12.3%，达到0.91美元 [26][27] 各条业务线数据和关键指标变化 - 零售业务总收入增长6.5%，有机增长为3.9% [28] - 程序业务表现出色，总收入增长15.7%，有机增长为22.8% [29] - 批发经纪业务总收入增长14%，有机增长为8.4% [33] 各个市场数据和关键指标变化 - 美国市场消费支出持续，企业招聘和投资保持适度增长 [10] - 保险定价方面，许多险种的费率继续上涨，但增速有所放缓 [11] - 在承保市场，非自然灾害财产的费率上涨幅度为持平至5% [14] 公司战略和发展方向和行业竞争 - 公司继续专注于多元化，确保在不同险种、地理位置和客户群体中保持强劲的财务表现 [17] - 在并购方面，尽管私募股权投资者的收购数量有所减少，但随着利率的下降，活动水平开始回升 [18][73] - 公司计划继续以文化契合和财务合理性为基础进行并购 [74] 管理层对经营环境和未来前景的评论 - 管理层对未来经济环境持谨慎乐观态度，认为不会有重大变化 [37] - 对于未来的保险费率，预计将保持相对稳定或略微下降 [38] - 对于并购管道，管理层表示对国内外市场的机会感到乐观 [39] 其他重要信息 - 公司预计因飓风造成的索赔处理收入将在第四季度和2025年上半年分别达到1200万至1500万美元和1800万至2200万美元 [31] - 公司在第三季度偿还了5亿美元的债务，财务状况良好 [34] 问答环节所有提问和回答 问题: 关于零售业务的有机增长 - 管理层表示，零售业务的有机增长受到激励佣金下降和非经常性收入波动的影响，但对零售业务的前景持乐观态度 [42][43] 问题: 关于财产险的产品组合 - 管理层指出，尽管市场上存在压力，但公司在批发业务中保持了良好的平衡，预计将继续观察市场纪律 [46][47] 问题: 关于员工福利业务的趋势 - 管理层强调，过去十年在员工福利领域的投资使公司能够服务各类客户，并对未来的增长机会感到兴奋 [83][84] 问题: 关于并购管道的兴趣 - 管理层提到，随着利率的下降，私募股权投资者的兴趣回升，公司在国内外市场上看到良好的并购机会 [71][73]