Brown & Brown posts 3Q gains
Oct 18, 2010
The following article appeared on October 18, 2010 in the Tampa Bay Business Journal:
Brown & Brown Inc. reported net income of $44.3 million, or 31 cents a share, for the third quarter of 2010, compared with net income of $41 million, or 29 cents a share, in the third quarter of 2009.
Third quarter revenue was $247.6 million, compared with $243.8 million in the year ago quarter, a press statement said.
For the nine months ended Sept. 30, revenue was $743.6 million, compared with $753.7 million in the year-ago period. Net income for the nine months ended Sept. 30 was $129.6 million, or 90 cents a share, nearly flat as the same period a year ago, when net income was $129.6 million, or 91 cents a share.
Brown & Brown (NYSE: BRO), headquartered in Tampa and in Daytona Beach, provides insurance and reinsurance products and services.
Find this article at: http://www.bizjournals.com/tampabay/news/2010/10/18/brown-brown-posts-3q-gains.html