Brown & Brown Q1 Adj. EPS $1.29 Misses $1.30 Estimate, Sales $1.40B Inline

Brown & Brown (NYSE:BRO) reported quarterly earnings of $1.29 per share which missed the analyst consensus estimate of $1.30 by 0.77 percent. This is a 13.16 percent increase over earnings of $1.14 per share from the same period last year. The company reported quarterly sales of $1.40 billion which met the analyst consensus estimate. This is a 11.61 percent increase over sales of $1.26 billion the same period last year.