Brown & Brown 1Q Profit Rises on Revenue Gains

Dow Jones

Apr 29

By Dean Seal

Brown & Brown notched higher earnings in the first three months of the year on a larger base of revenue.

The insurance brokerage posted a profit of $311 million, or $1.15 a share, compared with $293 million, or $1.02 a share, in the same quarter a year earlier.

Stripping out one-time items, adjusted earnings were $1.29 a share, directly in line with the consensus estimate of analysts surveyed by FactSet.

Total revenue for the quarter rose 12% to $1.4 billion, just below analyst projections for $1.41 billion, according to FactSet.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

April 28, 2025 17:45 ET (21:45 GMT)

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Brown notched higher earnings in the first three months of the year on a larger base of revenue. \n</p>\n<p>\n  The insurance brokerage posted a profit of $311 million, or $1.15 a share, compared with $293 million, or $1.02 a share, in the same quarter a year earlier. \n</p>\n<p>\n  Stripping out one-time items, adjusted earnings were $1.29 a share, directly in line with the consensus estimate of analysts surveyed by FactSet. \n</p>\n<p>\n  Total revenue for the quarter rose 12% to $1.4 billion, just below analyst projections for $1.41 billion, according to FactSet. \n</p>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 28, 2025 17:45 ET (21:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BRO","symbol_name":"Brown & Brown Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531426787","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531426787","pubTimestamp":1745876700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Brown & Brown notched higher earnings in the first three months of the year on a larger base of revenue.The insurance brokerage posted a profit of $311 million, or $1.15 a share, compared with $293 million, or $1.02 a share, in the same quarter a year earlier.Stripping out one-time items, adjusted earnings were $1.29 a share, directly in line with the consensus estimate of analysts surveyed by FactSet.Total revenue for the quarter rose 12% to $1.4 billion, just below analyst projections for $1.41 billion, according to FactSet.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"BRO":"Brown & Brown Inc"},"translate_title":"Brown&Brown第一季度利润因收入增长而增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BRO":1},"content_text":"By Dean Seal \n\n\n  Brown & Brown notched higher earnings in the first three months of the year on a larger base of revenue. \n\n\n  The insurance brokerage posted a profit of $311 million, or $1.15 a share, compared with $293 million, or $1.02 a share, in the same quarter a year earlier. \n\n\n  Stripping out one-time items, adjusted earnings were $1.29 a share, directly in line with the consensus estimate of analysts surveyed by FactSet. \n\n\n  Total revenue for the quarter rose 12% to $1.4 billion, just below analyst projections for $1.41 billion, according to FactSet. \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n  (END) Dow Jones Newswires\n\n\n  April 28, 2025 17:45 ET (21:45 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}