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Curious about Brown & Brown (BRO) Q3 Performance? Explore Wall Street Estimates for Key Metrics
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Wall Street analysts forecast that Brown & Brown (BRO - Free Report) will report quarterly earnings of $1.08 per share in its upcoming release, pointing to a year-over-year increase of 2.9%. It is anticipated that revenues will amount to $1.76 billion, exhibiting an increase of 9.8% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Brown & Brown metrics that are commonly tracked and projected by analysts on Wall Street.
According to the collective judgment of analysts, 'Revenues- Commissions and fees' should come in at $1.74 billion. The estimate suggests a change of +12.6% year over year.
Analysts' assessment points toward 'Revenues- Investment and other income' reaching $23.51 million. The estimate indicates a year-over-year change of -58%.
The consensus estimate for 'Revenues- Commissions and fees- Retail' stands at $994.67 million. The estimate indicates a change of +13.4% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- Commissions and fees- Specialty Distribution' will likely reach $756.71 million. The estimate suggests a change of +12.4% year over year.
It is projected by analysts that the 'Total Revenues- Specialty Distribution' will reach $753.93 million. The estimate indicates a year-over-year change of +10.7%.
Analysts forecast 'Revenues- Investment and other income- Retail' to reach $6.06 million. The estimate indicates a year-over-year change of +1%.
Based on the collective assessment of analysts, 'Revenues- Investment and other income- Specialty Distribution' should arrive at $6.98 million. The estimate suggests a change of -12.8% year over year.
The average prediction of analysts places 'Total Revenues- Retail' at $1.00 billion. The estimate suggests a change of +13.6% year over year.
Analysts expect 'Total Revenues- Other' to come in at $9.20 million. The estimate indicates a year-over-year change of -78.1%.
The collective assessment of analysts points to an estimated 'Total Organic growth' of 1.9%. Compared to the present estimate, the company reported 3.5% in the same quarter last year.
The consensus among analysts is that 'Income before income taxes- Retail' will reach $169.93 million. The estimate compares to the year-ago value of $164.00 million.
Analysts predict that the 'Income before income taxes- Specialty Distribution' will reach $267.86 million. Compared to the current estimate, the company reported $255.00 million in the same quarter of the previous year.
Brown & Brown shares have witnessed a change of +13.6% in the past month, in contrast to the Zacks S&P 500 composite's +1% move. With a Zacks Rank #3 (Hold), BRO is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Curious about Brown & Brown (BRO) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Brown & Brown (BRO - Free Report) will report quarterly earnings of $1.08 per share in its upcoming release, pointing to a year-over-year increase of 2.9%. It is anticipated that revenues will amount to $1.76 billion, exhibiting an increase of 9.8% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Brown & Brown metrics that are commonly tracked and projected by analysts on Wall Street.
According to the collective judgment of analysts, 'Revenues- Commissions and fees' should come in at $1.74 billion. The estimate suggests a change of +12.6% year over year.
Analysts' assessment points toward 'Revenues- Investment and other income' reaching $23.51 million. The estimate indicates a year-over-year change of -58%.
The consensus estimate for 'Revenues- Commissions and fees- Retail' stands at $994.67 million. The estimate indicates a change of +13.4% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- Commissions and fees- Specialty Distribution' will likely reach $756.71 million. The estimate suggests a change of +12.4% year over year.
It is projected by analysts that the 'Total Revenues- Specialty Distribution' will reach $753.93 million. The estimate indicates a year-over-year change of +10.7%.
Analysts forecast 'Revenues- Investment and other income- Retail' to reach $6.06 million. The estimate indicates a year-over-year change of +1%.
Based on the collective assessment of analysts, 'Revenues- Investment and other income- Specialty Distribution' should arrive at $6.98 million. The estimate suggests a change of -12.8% year over year.
The average prediction of analysts places 'Total Revenues- Retail' at $1.00 billion. The estimate suggests a change of +13.6% year over year.
Analysts expect 'Total Revenues- Other' to come in at $9.20 million. The estimate indicates a year-over-year change of -78.1%.
The collective assessment of analysts points to an estimated 'Total Organic growth' of 1.9%. Compared to the present estimate, the company reported 3.5% in the same quarter last year.
The consensus among analysts is that 'Income before income taxes- Retail' will reach $169.93 million. The estimate compares to the year-ago value of $164.00 million.
Analysts predict that the 'Income before income taxes- Specialty Distribution' will reach $267.86 million. Compared to the current estimate, the company reported $255.00 million in the same quarter of the previous year.
View all Key Company Metrics for Brown & Brown here>>>Brown & Brown shares have witnessed a change of +13.6% in the past month, in contrast to the Zacks S&P 500 composite's +1% move. With a Zacks Rank #3 (Hold), BRO is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .