Brown & Brown (BRO) Surpasses Q2 Earnings and Revenue Estimates

This quarterly report represents an earnings surprise of 6.90%. A quarter ago, it was expected that this insurance company would post earnings of $1.07 per share when it actually produced earnings of$1.14, delivering a surprise of 6.54%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Brown & Brown has outperformed the market so far this year, the ques ...