BRO Earnings Prediction
The chart below shows how BRO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BRO sees a -1.24% change in stock price 10 days leading up to the earnings, and a +2.12% change 10 days following the report. On the earnings day itself, the stock moves by +0.39%. This data can give you a slight idea of what to expect for the next quarter's release.
BRO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.19B
11.08%
0.68%
Gross Margin
--
--
--
Operating Margin
30.19%
1.72%
-2.55%
Net Margin
20.15%
22.34%
-8.37%
EPS
0.81
30.65%
-10.00%
No Data Available
BRO Earnings Analysis
Brown & Brown, Inc. Corporation (BRO.N) Earnings Conference Call
Positive
Revenue Growth Overview: We delivered nearly $1.2 billion of revenue, growing 11% in total and 9.5% organically over the third quarter of 2023.
EBITDA Margin Improvement: Our EBITDA margin improved by 30 basis points to $34.9 million and our adjusted earnings share grew 12.3% to $0.91.
Acquisition Strategy Success: On the M&A front, we completed four acquisitions with estimated annual revenues of $8 million.
Retail Revenue Growth: Our retail segment grew total revenues by 6.5% with organic growth at 3.9%.
Organic Growth Achievement: Our programs delivered an outstanding result with organic growth of 22.8%.
Negative
EBTDA Margin Improvement: Our EBTDA margin improved by 30 basis points to $34.9 million and our adjusted earnings share grew 12.3% to $0.91.
Stable Economic Conditions: In the countries where we primarily operate, there were no major changes in the economic conditions versus the first half of this year.
Consumer Spending and Investment: Consumer spending is still driving demand, but businesses are continuing to hire and invest albeit at a more moderate pace compared to the last few years.
Retail Revenue Growth: The retail segment grew total revenues by 6.5% with organic growth at 3.9%.
Impact of Acquisitions on Revenue: The difference between total revenues and organic revenue was driven substantially by acquisition activity over the past year.
BRO FAQs
How does BRO typically perform around its earnings report dates?
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BRO Earning Call Sentiment
Brown & Brown, Inc. (BRO) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
BRO.N
1.49%Positive
The earnings call summary shows strong financial performance with revenue and income growth, improved margins, and increased dividends. Despite challenges from natural disasters and competitive pressures, the company maintains a positive outlook with a robust M&A pipeline and strategic focus on diversification. The Q&A section highlights management's confidence, though some details remain vague. The 15% dividend increase and strong organic growth in key segments further support a positive sentiment. Overall, the combination of strong financials, optimistic guidance, and shareholder returns suggests a likely positive stock price movement over the next two weeks.
