Strong financial performance keeps shares of insurance broker Brown & Brown, Inc. (BRO) rising.
Morgan Stanley analyst Bob Jian Huang downgraded Brown & Brown, Inc. BRO to Equal-weight from Overweight and maintained a price forecast of $128.
BRO stock remains poised to gain from new business, solid retention, higher core commissions and fees, strategic buyouts and prudent capital deployment.
Brown & Brown (BRO) reported earnings 30 days ago. What's next for the stock?
BRO's fourth-quarter results reflect improved organic revenues, driven by higher commission and fees and investment income and expanded EBITDAC margin, offset by higher expenses.
Brown & Brown, Inc. (NYSE:BRO ) Q4 2024 Earnings Conference Call January 28, 2025 8:00 AM ET Company Participants Powell Brown - President & CEO Andy Watts - EVP, CFO & Treasurer Conference Call Participants Gregory Peters - Raymond James Robert Cox - Goldman Sachs Elyse Greenspan - Wells Fargo Alex Scott - Barclays Mark Hughes - Truist Securities Charles Lederer - BMO Dean Criscitiello - KBW Scott Heleniak - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by, and welcome to the Brown & Brown Fourth Quarter Earnings Conference Call. Today's call is being recorded.
Brown & Brown (BRO) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.58 per share a year ago.
Brown & Brown, Inc. BRO will release earnings results for its fourth quarter, after the closing bell on Monday, Jan. 27, 2025.
Evaluate the expected performance of Brown & Brown (BRO) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Brown & Brown (BRO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BRO stock rallies on the back of the new business, solid retention, higher core commissions and fees, strategic buyouts and prudent capital deployment.
Brown & Brown (BRO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.