Brown & Brown Q3 Adj EPS $0.71 Beats $0.62 Estimate, Sales $1.07B Beat $1.03B Estimate
Portfolio Pulse from Benzinga Newsdesk
Brown & Brown (NYSE:BRO) reported Q3 adjusted earnings of $0.71 per share, beating the analyst consensus estimate of $0.62 by 14.52%. This is a 42% increase from the same period last year. The company also reported quarterly sales of $1.07 billion, beating the analyst consensus estimate of $1.03 billion by 3.59%. This is a 15.03% increase from the same period last year.
October 23, 2023 | 9:20 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Brown & Brown's Q3 earnings and sales exceeded estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Brown & Brown's Q3 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors. This strong financial performance could potentially lead to increased investor confidence and a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100