Brown & Brown Q4 revenue $1.03B (+13.8% YoY), adj EPS $0.58 (+16%); FY revenue $4.26B (+19.1%)

BROWN & BROWN, INC.

2023-FY EPS reported $3.05 revenue$4,257,100,000

Q4 organic revenue grew 7.7%; full-year organic growth 10.2%.
Q4 diluted EPS $0.94; adjusted diluted EPS $0.58 (up 16.0% YoY).
Full-year revenue crossed $4B; new $8B intermediate goal set.
Businesses realigned into three segments (Retail, Programs, Wholesale Brokerage) starting 2024.
Q4 gain on disposal of $134.6M from divestiture of certain Services businesses.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BROWN & BROWN, INC. reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Period: the fourth quarter and fiscal year ended December 31, 2023
Result: reported results

Exact text from the filing

On January 22, 2024, Brown & Brown, Inc. issued a press release announcing its results of operations for the fourth quarter and fiscal year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

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BROWN & BROWN, INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-006193

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