BRO - Brown & Brown Takes Off: Q4 Results Send Stock Higher As Company Sets $8B Revenue Goal | Benzinga
Brown & Brown Inc (NYSE:BRO) shares are trading higher after the company disclosed fourth quarter 2023 results.
Revenue rose 13.8% Y/Y to $1.03 billion, beating the consensus of $985.5 million, led by increased commissions and fees (+12.4% Y/Y) and organic revenue growth (+7.7% Y/Y).
Business Alignment: The company disclosed a new alignment of its businesses related to its divestiture of certain businesses within Services segment in the fourth quarter of ...