Brown & Brown's (BRO) Q4 Earnings & Revenues Top Estimates
Brown & Brown(BRO) Zacks Investment Research·2024-01-24 02:41
Brown & Brown, Inc.’s (BRO) fourth-quarter 2023 adjusted earnings of 58 cents per share beat the Zacks Consensus Estimate by 9.4%. The bottom line increased 16% year over year.The quarterly results reflected strong organic growth, improved EBITDAC margin and higher net investment income, as well as lower expenses.Shares gained 1.6% in the after-market trading session, reflecting the outperformance.Brown & Brown, Inc. Price, Consensus and EPS Surprise Q4 DetailsTotal revenues of $1.03 billion beat the Zacks ...