Brown & Brown, Inc. (NYSE:BRO) marketer of insurance products and services, is reporting third quarter earnings results on Monday 26th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.43 per share.
For the full year, analysts predict revenues of $ 2544.98 million, while looking forward to income of $ 1.55 per share.
Previous Quarter Performance
Brown & Brown, Inc. disclosed income for the second quarter of $ 0.34 per share, from the revenue of $ 598.80 million. The quarterly earnings developed 6.25 percent while revenues improved 4.10 percent compared with the same quarter last year.
Wall street analysts are predicting, BRO to report 2Q20 income of $ 0.28 per share from revenue of $ 574.53 million. The bottom line results beat street analysts by $ 0.06 or 21.43 percent, at the same time, top line results outshined analysts by $ 24.27 million or 4.22 percent.
Stock Performance
On Friday, shares of Brown & Brown, Inc. has traded high as $ 46.80 and has cracked $ 46.24 on the downward trend, reaching $ 46.72 with volume of 791.80 thousand shares.
According to the previous trading day, closing price of $ 46.72, representing a 51.92 % increase from the 52 week low of $ 30.70 and a 4.21 % decrease over the 52 week high of $ 48.69.
The company has a market capital of $ 13.21 billion and is part of the Financial Services sector and Insurance Brokers industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.085 per share on July 22, 2020. The dividend were payable on August 12, 2020 to holders of record as of the close of business on August 5, 2020 and ex-dividend date on August 4, 2020.
Brown & Brown, Inc. markets and sells insurance products and services in the United States, England, Canada, Bermuda, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services.
