Brown & Brown Inc. Earnings Rise In Q2

(RTTNews) - Brown & Brown Inc. (BRO) announced a profit for its second quarter that rose from the same period last year.

The company's bottom line totaled $73.9 million, or $0.26 per share. This compares with $66.1 million, or $0.23 per share, in last year's second quarter.

Analysts had expected the company to earn $0.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.5% to $473.1 million from $466.3 million last year.

Brown & Brown Inc. earnings at a glance:

-Earnings (Q2): $73.9 Mln. vs. $66.1 Mln. last year. -EPS (Q2): $0.26 vs. $0.23 last year. -Analysts Estimate: $0.28 -Revenue (Q2): $473.1 Mln vs. $466.3 Mln last year.