22.07.2019 23:13:20

Brown & Brown Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Brown & Brown Inc. (BRO) reported a profit for its second quarter that advanced from last year.

The company's earnings totaled $92.6 million, or $0.33 per share. This compares with $73.9 million, or $0.26 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 3.9% to $471.1 million from $453.2 million last year.

Brown & Brown Inc. earnings at a glance:

-EPS (Q2): $0.32 vs. $0.26 last year. -Analysts Estimate: $0.28 -Revenue (Q2): $471.1 Mln vs. $453.2 Mln last year.

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