Brown & Brown Q2 EPS $0.68 Beats $0.59 Estimate, Sales $1.05B Beat $997.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
Brown & Brown (NYSE:BRO) reported Q2 earnings of $0.68 per share, beating the analyst consensus estimate of $0.59 by 15.25%. This is a 33.33% increase from the same period last year. The company also reported quarterly sales of $1.05 billion, beating the analyst consensus estimate of $997.51 million by 4.99%. This is a 24.72% increase from the same period last year.
July 24, 2023 | 9:01 pm
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POSITIVE IMPACT
Brown & Brown's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Brown & Brown's Q2 earnings and sales have significantly exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The company's strong financial performance indicates that it is doing well and could potentially attract more investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100