Brown & Brown (BRO) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected… Continue reading Brown & Brown Q2 Earnings and Revenues Surpass Estimates
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Brown & Brown, Inc. Announces the Asset Acquisition of Innovative Risk Solutions, Inc.
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc., and Sean Gormley, the sole shareholder of Innovative Risk Solutions, Inc. (“Innovative”), today announced that Brown & Brown Metro, LLC has acquired substantially all of the assets of Innovative. Innovative Risk Solutions was founded in 2004 by Sean Gormley with the goal of providing… Continue reading Brown & Brown, Inc. Announces the Asset Acquisition of Innovative Risk Solutions, Inc.
Brown & Brown Announces Quarterly Revenues of $619.3M, An Increase of 23.5%
Brown & Brown, Inc. today announced its unaudited financial results for the first quarter of 2019. Revenues for the first quarter of 2019 under U.S. generally accepted accounting principles (“GAAP”) were $619.3 million, increasing $117.8 million, or 23.5%, compared to the first quarter of the prior year, with commissions and fees increasing by 23.4% and… Continue reading Brown & Brown Announces Quarterly Revenues of $619.3M, An Increase of 23.5%