17-10-2017 00:51 via insuranceinsider.com

Brown & Brown ekes out a beat as organic growth slows

Brown & Brown exceeded Wall Street earnings estimates as it
reported organic revenue growth slowed to 3.4 percent while the
broker's top line rose to $475.6mn.
Net income climbed 6.3 percent to $75.9mn, or $0.53 a share, the
early reporting Daytona Beach, Florida-based company said late
today.
Analysts had looked for earnings of $0.50 a share, the consensus
of 13 estimates compiled by MarketWatch.
"Each of our divisions delivered good organic revenue
growth, and we provided nice growth in ou
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