Brown & Brown Q1 2021 Earnings Report
Key Takeaways
Brown & Brown reported a strong first quarter in 2021, with revenues increasing by 16.7% to $815.3 million. Net income also saw a significant rise, increasing by 31.0% to $199.7 million, with diluted net income per share reaching $0.70.
Revenues increased by 16.7% to $815.3 million compared to the first quarter of the prior year.
Net income increased by 31.0% to $199.7 million compared to the first quarter of the prior year.
Diluted net income per share increased to $0.70, a 29.6% increase compared to the first quarter of the prior year.
Organic Revenue increased by 9.8%.
Brown & Brown
Brown & Brown
Brown & Brown Revenue by Segment
Forward Guidance
This press release may contain certain statements relating to future results which are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created by those laws.
Revenue & Expenses
Visualization of income flow from segment revenue to net income