Brown
Brown & Brown (BRO) got here out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.26 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of three.70%. 1 / 4 in the past, it was anticipated that this insurance coverage firm would publish earnings of $0.39 per share when it truly produced earnings of $0.39, delivering no shock.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 3 times.
Brown & Brown, which belongs to the Zacks Insurance coverage – Brokerage business, posted revenues of $579 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 1.92%. This compares to year-ago revenues of $508.70 million. The corporate has topped consensus income estimates 4 occasions during the last 4 quarters.
The sustainability of the inventory’s…