earnings
confidence high
sentiment neutral
materiality 0.55
Brown & Brown Q2 revenue up 30.4% to $1.7B; organic revenue down 0.7%; adjusted EPS $1.07
BROWN & BROWN, INC.
- Total revenues $1.7B (+30.4% YoY); organic revenue -0.7%, organic with contingents +0.7%.
- Diluted EPS $0.84 (+7.7%); adjusted diluted EPS $1.07 (+3.9%).
- Net income $288M (+24.7%); EBITDAC-Adjusted $598M (+27.0%).
- Six-month total revenues $3.6B (+33.0%); diluted EPS $1.90 (-1.6%); adjusted $2.46 (+6.0%).
- No guidance update; CEO cites momentum heading into H2.