A Glimpse of Brown & Brown's Earnings Potential

Brown & Brown (NYSE:BRO) is set to give its latest quarterly earnings report on Monday, 2024-10-28. Here's what investors need to know before the announcement.

Analysts estimate that Brown & Brown will report an earnings per share (EPS) of $0.87.

The market awaits Brown & Brown's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

During the last quarter, the company reported an EPS beat by $0.05, leading to a 5.25% increase in the share price on the subsequent day.

Here's a look at Brown & Brown's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.88

1.05

0.53

0.62

EPS Actual

0.93

1.14

0.58

0.71

Price Change %

5.0%

1.0%

5.0%

4.0%

Tracking Brown & Brown's Stock Performance

Shares of Brown & Brown were trading at $105.28 as of October 24. Over the last 52-week period, shares are up 53.46%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Take on Brown & Brown

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Brown & Brown.

Analysts have provided Brown & Brown with 7 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $113.0, suggesting a potential 7.33% upside.

Comparing Ratings with ...