Brown & Brown just beats with 3.5% organic growth

Broker and early reporter Brown & Brown has narrowly beaten
Wall Street's expectations by delivering organic growth of 3.5
percent for the 2016 fourth quarter.
The US intermediary, which has significant retail and programme
operations, delivered adjusted earnings per share of $0.42, just
one cent ahead of the average estimate of 16 analysts surveyed by
MarketWatch. Adjusted earnings climbed 10.5 percent compared with
the same period of 2015.
Total revenue rose 7.1 percent to $433.6mn for the