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Brown & Brown (BRO)
NYSE:BRO
Earnings Data
Report Date
Jul 28, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1Last Year’s EPS
0.93Same Quarter Last Year
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: -5.75%
|Next Earnings Date:Jul 28, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong revenue and earnings growth, successful M&A activity, and effective cost management. However, it also highlighted challenges such as economic uncertainties and downward pressure on CAT property rates. Despite these challenges, the company's diversified portfolio and strategic acquisitions position it well for future growth.Company Guidance
In the first quarter of fiscal year 2025, Brown & Brown, Inc. reported robust financial performance with total revenues reaching $1.4 billion, marking an 11.6% increase from the previous year. The company achieved an adjusted EBITDAC margin improvement of over 100 basis points to 38.1% and a significant growth in adjusted earnings per share by more than 13%, reaching $1.29. The company completed 13 acquisitions, contributing an estimated $36 million in annual revenues. Organic growth was noted at 6.5%, with significant performance in the Programs segment, which achieved 13.6% organic growth. The company noted a stable economic environment despite some uncertainty related to tariffs, inflation, and interest rates. Insurance pricing trends showed continued rate increases in most lines, with slight moderation in some areas, and CAT property rates showing a decline. The effective tax rate for the quarter rose to 21.8%, influenced by less benefit from vesting restricted stock awards, while dividends paid per share increased by 15.4%. Overall, the company expressed optimism for the coming quarters, citing strong market positioning and a positive economic outlook.Strong Revenue and Earnings Growth
Brown & Brown delivered revenues of $1.4 billion, growing 11.6% in total and 6.5% organically compared to the same period in the prior year. Adjusted EBITDAC margin improved over 100 basis points to 38.1% and adjusted earnings per share grew over 13% to $1.29.
Successful M&A Activity
The company completed 13 acquisitions with estimated annual revenues of $36 million, reflecting strategic growth and expansion.
Segment Performance
Programs segment delivered organic growth of 13.6%, driven by strong new business and retention. Wholesale Brokerage segment showed organic revenue growth of 6.7% with strong performance across all lines.
Effective Cost Management
Income before income taxes increased by 17.4% due to lower interest expenses from debt repayments, and cash flow from operations improved by $200 million over the first quarter of 2024.
BRO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BRO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2025 | $114.72 | $107.84 | -6.00% |
Jan 27, 2025 | $107.54 | $104.73 | -2.61% |
Oct 28, 2024 | $102.92 | $104.60 | +1.63% |
Jul 22, 2024 | $92.65 | $97.52 | +5.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Brown & Brown (BRO) report earnings?
Brown & Brown (BRO) is schdueled to report earning on Jul 28, 2025, TBA Not Confirmed.
What is Brown & Brown (BRO) earnings time?
Brown & Brown (BRO) earnings time is at Jul 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BRO EPS forecast?
BRO EPS forecast for the fiscal quarter 2025 (Q2) is 1.
