• Brown & Brown Inc BRO.N reported quarterly adjusted earnings of 86 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 58 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 77 cents per share. Wall Street expected results to range from 73 cents to 80 cents per share.

• Revenue rose 15.4% to $1.18 billion from a year ago; analysts expected $1.12 billion.

• Brown & Brown Inc's reported EPS for the quarter was 73 cents​.

• The company reported quarterly net income of $210 million.

• Brown & Brown Inc shares had risen by 3.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.1% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the multiline insurance & brokers peer group is also "buy"

Wall Street's median 12-month price target for Brown & Brown Inc is $117.00

This summary was machine generated from LSEG data January 27 at 10:42 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)