Brown & Brown (BRO) Tops Q2 EPS by 3c
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Brown & Brown, Inc. announces quarterly revenues of $839.7 million, an increase of 15.5%, diluted net income per share of $0.51 and Diluted Net Income Per Share - Adjusted of $0.51
July 25, 2022 5:05 PM EDTDAYTONA BEACH, Fla., July 25, 2022 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the "Company") today announced its unaudited financial results for the second quarter of 2022.
Revenues for the second quarter of 2022 under U.S. generally accepted accounting principles ("GAAP") were $839.7 million, increasing $112.4 million, or 15.5%, compared to the second quarter of the prior year, with commissions and fees increasing by 15.5% and Organic Revenue increasing by 10.3%. Income before income taxes was $198.8 million, increasing 6.7% from the second quarter of the prior year with Income Before Income Taxes Margin decreasing to... More
