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Jun 30, 2020
Brown & Brown Q2 2020 Earnings Report
Brown & Brown reported an increase in quarterly revenues and diluted net income per share for Q2 2020.
Key Takeaways
Brown & Brown, Inc. announced its Q2 2020 financial results, with revenues reaching $598.8 million, a 4.1% increase compared to the previous year. Net income was $96.8 million, a 4.5% increase, and diluted net income per share increased to $0.34, a 3.0% increase year-over-year.
Revenues for Q2 2020 were $598.8 million, a 4.1% increase year-over-year.
Commissions and fees increased by 4.4% compared to the second quarter of the prior year.
Organic Revenue increased by 0.5%.
Diluted net income per share increased to $0.34, a 3.0% increase compared to the second quarter of the prior year.
Revenue by Segment
Forward Guidance
This press release contains certain statements relating to future results which are forward-looking statements, including those relating to the Company's anticipated financial results for the second quarter of 2020 and the potential effects of the COVID-19 pandemic (“COVID-19”) on the Company’s business, operations, financial performance and prospects.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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