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Brown & Brown, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 1,258 million compared to USD 1,116 million a year ago. Net income was USD 293 million compared to USD 236 million a year ago. Basic earnings per share from continuing operations was USD 1.03 compared to USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 1.02 compared to USD 0.83 a year ago.
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Revenue | 1240 | 1007.6 | 1051.1 | 1037 |
Operating Income | 394 | 247.3 | 302.2 | 296.7 |
Net Income | 293 | 268.7 | 175.9 | 190.4 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Assets | 14806 | 14883.4 | 13983 | 14071.5 |
Total Liabilities | 9304.6 | 8784.3 | 8999 | |
Total Equity | 5787 | 5578.8 | 5198.7 | 5072.5 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 13 | 305.4 | 315.6 | 328.7 |
Cash From Investing Activities | -88 | -393.7 | -58.6 | -91.5 |
Cash From Financing Activities | -67 | 88.4 | -221.6 | 67.1 |
Net Change in Cash | -153 | 32 | 7.5 | 319.9 |
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