Brown & Brown, Inc. continues to show a strong fundamental market standing. The company's Q3 Earnings met key metrics, and estimates followed by promising revenue growth data. As a result of noteworthy performance, BRO was upgraded to Buy. There were changes in the leadership team, with additions recognized from Deloitte. The company's stock rallied up 4.9% after the most recent earnings report.
BRO successfully acquired the assets of The Canopy Group and CHAPP, Inc., which is likely to support their future growth. Moreover, there's positive sentiment about investing in Brown & Brown as they have surpassed Wall Street's earnings expectations in the previous quarter. On the acquisition front, BRO has also acquired Quintes Holding B.V, DealerMax, and McNamara Company among others.
The company’s military-friendly nature was recognized, which led BRO to feature on the Fortune Best Workplaces in Financial Services & Insurance for the fifth consecutive year. It is also widely preferred by institutional investors who own a significant share in the company. Finally, one can confidently say that Brown & Brown looks like a promising long-term stock investment.
Brown Brown BRO News Analytics from Fri, 30 Nov 2018 20:20:08 GMT to Fri, 22 Nov 2024 19:46:14 GMT - Rating 8 - Innovation 4 - Information 7 - Rumor -3
