- Brown & Brown‘s adjusted earnings per share (EPS) for the first quarter were $1.29, exceeding last year’s $1.14 and the forecasted $1.27.
- The company reported a 6.5% increase in organic revenue, aligning closely with the expected 6.52% growth.
- Revenue for the quarter was $1.40 billion, reflecting a 12% year-over-year increase and meeting the estimated figure.
- Brown & Brown‘s EBITDAC margin was 38%, surpassing last year’s margin of 36.9%.
- Compensation expenses rose by 8.2% to $683 million, which was below the projected $688.9 million.
- Market analysts’ recommendations for Brown & Brown are varied, with 7 suggesting buy, 7 recommending hold, and 1 advising sell.
A look at Brown & Brown Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Brown & Brown, Inc., a company that offers insurance and reinsurance products along with risk management services, has been assessed using the Smartkarma Smart Scores. The scores for Value and Dividend stand at a moderate level of 2 each. However, the company’s outlook shines in terms of Growth with a solid score of 4, indicating promising future expansion. Additionally, Brown & Brown demonstrates Resilience with a score of 4, showcasing strength in navigating challenges. The Momentum score of 5 suggests a strong upward trend for the company’s performance in the near future.
With a positive Growth score of 4 and high Momentum score of 5, Brown & Brown shows promise for long-term success. While Value and Dividend scores at 2 may indicate average performance in these areas, the company’s robust standing in Growth, Resilience, and Momentum bodes well for its future prospects. Brown & Brown‘s wide range of insurance services and nationwide presence position it favorably to capitalize on growth opportunities and endure market fluctuations.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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