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Mar 31, 2022
Brown & Brown Q1 2022 Earnings Report
Brown & Brown's Q1 2022 results showed revenue growth and strong performance.
Key Takeaways
Brown & Brown reported a strong first quarter in 2022, with revenues increasing by 11.0% to $904.7 million. Diluted net income per share increased to $0.77, and adjusted diluted net income per share increased to $0.78. The company's organic revenue grew by 7.8%.
Revenues for Q1 2022 increased by 11.0% to $904.7 million compared to the first quarter of the prior year.
Commissions and fees increased by 11.1% and Organic Revenue increased by 7.8%.
Diluted net income per share increased to $0.77, or 10.0% as compared to the first quarter of the prior year.
Adjusted diluted net income per share increased to $0.78, or 11.4%, compared to the first quarter of the prior year.
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
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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