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 ...
