Brown & Brown Inc. (BRO) Shares Plunge 6.00% on Earnings Miss

Brown & Brown Inc. (BRO) shares plummeted 6.00% today, marking the lowest level since February 2025, with an intraday decline of 8.35%.

Brown & Brown's recent earnings report revealed a quarterly earnings of $1.29 per share, falling short of the estimated $1.32. This earnings miss has significantly contributed to the decline in the company's stock price. The company's Q1 organic revenue growth of 6.50% also failed to meet the consensus expectation of 6.62%, further impacting the stock negatively. The market reacted swiftly to these results, with shares falling more than 6% after the earnings report and plunging more than 7% following the earnings miss and in-line sales.

These factors collectively indicate that Brown & Brown's inability to meet earnings and revenue expectations has had a substantial negative impact on its stock price. Investors are closely monitoring the company's performance and future outlook, as these recent developments have raised concerns about the company's growth prospects and financial health.