WASHINGTON (dpa-AFX) - Brown & Brown Inc. (BRO) released earnings for its first quarter that increased from last year but missed the Street estimates.
The company's bottom line totaled $331 million, or $1.15 per share. This compares with $293 million, or $1.02 per share, last year.
Excluding items, Brown & Brown Inc. reported adjusted earnings of $1.29 per share for the period.
Analysts on average had expected the company to earn $1.30 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 11.6% to $1.404 billion from $1.258 billion last year.
Brown & Brown Inc. earnings at a glance (GAAP) :
-Earnings: $331 Mln. vs. $293 Mln. last year. -EPS: $1.15 vs. $1.02 last year. -Revenue: $1.404 Bln vs. $1.258 Bln last year.
Copyright(c) 2025 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2025 AFX News
