Brown & Brown (BRO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this insurance company have returned -3.3% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Insurance - Brokerage industry, to which Brown & Brown belongs, has lost 5.6% over this period. Now the key question is: Where could the stock be headed in the near term?While med ...

on Form 10-Q contains the information concerning the evaluation referred to in the Section 302 Certifications and this information should be read in conjunction with the Section 302 Certifications for a more complete understanding of the topics presented. 36 PART II ITEM 1. Legal Proceedings In Item 3 of Part I of the Company's Annual Report on Form 10-K for its fiscal year ended December 31, 2023, certain information concerning litigation claims arising in the ordinary course of business was disclosed. Suc ...

RLI Corp. (RLI) reported first-quarter 2024 operating earnings of $1.89 per share, beating the Zacks Consensus Estimate as well as the year-ago number by 16%.The quarterly results reflected continued premium growth across all product segments.Operational PerformanceOperating revenues for the reported quarter were $394 million, up 17.6% year over year, driven by 17% higher net premiums earned and 21.3% higher net investment income. The top line, however, missed the Zacks Consensus Estimate by 0.1%.Gross prem ...

Brown & Brown, Inc. (NYSE:BRO) Q1 2024 Results Conference Call April 23, 2024 8:00 AM ET Company Participants Powell Brown - President and Chief Executive Officer Andy Watts - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Robert Cox - Goldman Sachs Gregory Peters - Raymond James Michael Zaremski - BMO Capital Markets Mark Hughes - Truist Securities Elyse Greenspan - Wells Fargo Jing Li - KBW Brian Meredith - UBS Grace Carter - Bank of America Scott Heleniak - R ...

Brown & Brown, Inc.’s (BRO) first-quarter 2024 adjusted earnings of $1.14 per share beat the Zacks Consensus Estimate by 6.5%. The bottom line increased 18.7% year over year.The quarterly results reflected strong organic growth, improved EBITDAC margin and higher commission and fees, partly offset by higher expenses.Q1 DetailsTotal revenues of $1.25 billion beat the Zacks Consensus Estimate by 3.8%. The top line improved 12.7% year over year. The upside can be primarily attributed to commission and fees, wh ...

Brown & Brown (BRO) reported $1.26 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 12.7%. EPS of $1.14 for the same period compares to $0.84 a year ago.The reported revenue represents a surprise of +3.91% over the Zacks Consensus Estimate of $1.21 billion. With the consensus EPS estimate being $1.07, the EPS surprise was +6.54%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Exhibit 99.1 Brown & Brown, Inc. announces first quarter 2024 results, including total revenues of $1,258 million, an increase of 12.7%; Organic Revenue growth of 8.6%; diluted net income per share of $1.02; Diluted Net Income Per Share - Adjusted of $1.14; and a quarterly dividend of $0.13 per share J. Powell Brown, President and Chief Executive Officer of the Company, noted, "Our teammates delivered strong organic revenue growth and margin expansion in the first quarter of 2024. We are very pleased with t ...

Brown & Brown (BRO) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ...

The first-quarter 2024 earnings season is in full swing. This will be the first big week of this reporting cycle, with more than 500 companies slated to report their financial numbers. So far, earnings results are better than expected. The earnings results and management guidance will be crucial for market participants to gauge the health of the U.S. economy.As of Apr 19, 71 companies on the S&P 500 Index reported their financial numbers. Total earnings for these 71 index members are up 9.4% from the same p ...

So far, 73% of the companies in the Zacks Finance sector have been able to surpass their quarterly earnings expectations led by JPMorgan (JPM), Citigroup ((C), and other big banks.With JPMorgan and Citigroup optimistically kicking off the first quarter earnings season for financials, many finance stocks moved higher again today. Furthermore, several top-rated finance stocks are standing out ahead of their Q1 reports on Monday, April 22, and now may be a good time to buy.Brown & Brown (BRO) Offering a broad ...