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Daytona Beach, Florida-based Brown & Brown, Inc. (BRO) markets and sells insurance products and services in the U.S. and internationally. Valued at $34 billion by market cap, the company operates through Retail, Programs, Wholesale Brokerage, and Services segments.
The insurance broker is gearing up to announce its first-quarter results after the market closes on Monday, Apr. 28. Ahead of the event, analysts expect BRO to report an adjusted EPS of $1.30, marking a solid 14% increase from $1.14 reported in the year-ago quarter. Moreover, the company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.