BRP(BRP)
icon
搜索文档
BRP(BRP) - 2024 Q1 - Quarterly Report
2024-05-08 04:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ (Mark One) x Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or o Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ________ to _________ Commission File Number: 001-39095 __________________ ...
BRP(BRP) - 2024 Q1 - Quarterly Results
2024-05-08 04:07
Exhibit 99.1 THE BALDWIN GROUP ANNOUNCES FIRST QUARTER 2024 RESULTS - Total Revenue Growth of 15% to $380.4 Million; Organic Revenue Growth(1) of 16% - - Net Income of $39.1 Million and Diluted Earnings Per Share of $0.33; Adjusted Diluted EPS(2) Growth of 33% to $0.56 - - Adjusted EBITDA(3) Growth of 29% Year Over Year to $101.7 Million and Adjusted EBITDA Margin(3) of 27%, a 280 Basis Point Expansion Compared to the Prior-Year Period - TAMPA, FLORIDA - May 7, 2024 - The Baldwin Group, the go-to-market bra ...
NNGRY vs. BRP: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-05-07 00:47
Investors interested in stocks from the Insurance - Life Insurance sector have probably already heard of NN Group NV Unsponsored ADR (NNGRY) and BRP Group (BRP) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision t ...
ICEYE and Juniper Re, LLC announce multi-year flood and wildfire data collaboration
Prnewswire· 2024-04-25 14:00
HELSINKI, April 25, 2024 /PRNewswire/ -- ICEYE, a global leader in satellite-powered disaster management solutions, has announced a new data collaboration with Juniper Re, LLC ("Juniper Re"), the dynamic reinsurance broking arm and indirect subsidiary of BRP Group, Inc. (NASDAQ: BRP). Juniper Re will leverage ICEYE's Flood and Wildfire Insights data to support their carrier clients by accessing near real-time observed data on large-scale events to determine the impact within hours and support data-driven de ...
3 Reasons Why Growth Investors Shouldn't Overlook BRP Group (BRP)
Zacks Investment Research· 2024-03-07 02:46
成长股 - 成长股对许多投资者具有吸引力,因为高于平均水平的财务增长有助于这些股票轻松吸引市场的注意力并产生异常回报[1] - Zacks Growth Style Score系统可以帮助找到前沿成长股,该系统超越传统的增长属性,分析公司的真实增长前景[3] - BRP Group是目前我们专有系统推荐的股票之一,除了有利的Growth Score外,还具有顶级的Zacks Rank[4] BRP Group增长前景 - BRP Group的EPS预计今年将增长36.4%,远超行业平均水平,显示出强劲的增长前景[7] - BRP Group的现金流量增长率为6.3%,高于许多同行,且年化现金流量增长率在过去3-5年间为99%,远超行业平均水平[9][10] - BRP Group的当年盈利预期已经出现上调,当前年度的Zacks Consensus Estimate在过去一个月内上涨了2.9%[12] BRP Group潜在表现 - BRP Group凭借多个因素(包括上述因素)获得了Growth Score A,成为Zacks Rank 2股票,显示出潜在的表现优异性和成长投资者的不错选择[13]
Millennial Specialty Insurance, LLC Announces Launch of its Multifamily Insurance Solutions into Canadian Market with Distribution Through Summit Commercial Solutions
Businesswire· 2024-03-05 23:00
TAMPA, Fla.--(BUSINESS WIRE)--Millennial Specialty Insurance, LLC (“MSI”), an indirect subsidiary of BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP), is now offering comprehensive multifamily-focused insurance solutions in Canada, including both its renters and tenant legal liability products, marking the first time MSI is writing business outside the United States. Leveraging a best-in-class technology platform, MSI provides simplified and streamlined rental insurance solutions, insuring more than one million ...
Are Finance Stocks Lagging BRP Group (BRP) This Year?
Zacks Investment Research· 2024-03-04 23:46
BRP Group - BRP Group是金融部门中的一家公司,目前在Zacks Sector Rank中排名第5位[2] - BRP Group目前的Zacks Rank为2(买入),分析师对其全年盈利的预期有所提高,股票的盈利前景更加积极[3] - BRP Group今年以来的回报率为16.3%,高于金融部门整体的平均回报率4.5%[4] - BRP Group属于寿险行业,该行业今年以来的平均回报率为5.1%,BRP在这一领域表现更好[7] Cincinnati Financial - Cincinnati Financial是另一家金融股,今年以来也表现优异,回报率为9.7%[5] - Cincinnati Financial的共识EPS预期今年已经增加了2%[6] - Cincinnati Financial属于财产和意外伤害保险行业,该行业今年以来的回报率为+13.6%[8]
Amwins Purchases Wholesale Business from BRP Group, Inc.
Prnewswire· 2024-02-29 20:00
Connected Risk Solutions to join Amwins' Brokerage Division CHARLOTTE, N.C., Feb. 29, 2024 /PRNewswire/ -- Amwins, a global distributor of specialty insurance products and services, announced it signed a definitive agreement to acquire Connected Risk Solutions, LLC, the wholesale E&S insurance brokerage operated by publicly traded insurance distribution firm BRP Group, Inc. ("BRP") (Nasdaq: BRP). "We are pleased that the Connected Risk Solutions team is joining the Amwins' Brokerage team so that we can coll ...
BRP(BRP) - 2023 Q4 - Earnings Call Transcript
2024-02-29 10:42
财务数据和关键指标变化 - 公司第四季度总收入为2.85亿美元,全年收入为12亿美元,同比分别增长15%和19% [18] - 第四季度调整后净利润为1.62亿美元,全年调整后净利润为1.311亿美元 [18] - 第四季度调整后EBITDA为4,560万美元,全年调整后EBITDA为2.5亿美元,同比分别增长16%和27% [19] - 全年经营活动产生的现金流为4,460万美元,自由现金流为6,060万美元,同比分别增长和6% [19][20] 各条业务线数据和关键指标变化 - IAS业务第四季度有机增长9%,全年有机增长12%,符合10%-15%的长期目标 [9][10] - UCTS业务第四季度有机增长22%,全年有机增长31%,受益于多家庭住宅和商业伞形保险等业务的持续强劲表现 [11] - MIS业务第四季度有机增长21%,全年有机增长23%,得益于Westwood和全国性抵押贷款及房地产业务的持续增长 [12] 各个市场数据和关键指标变化 - 建筑行业项目收入和利润分享收入在第四季度受到客户对利率和保险费上涨的敏感性影响 [9] - 但随着1月份建筑行业新开工项目的正常化,以及整体经济的持续增长,公司客户普遍表现出韧性 [10] 公司战略和发展方向及行业竞争 - 公司出售了批发经纪业务Connected Risk Solutions,预计交易将于3月1日完成,获得约5,900万美元现金 [13] - 公司正在简化和优化运营模式,提高效率,任命Dan Galbraith和Jim Roche为联席总裁,分管不同业务线 [14][15] - 公司将继续专注于实现行业领先的有机增长、扩大利润率和增加自由现金流,同时保持独特的企业文化和吸引行业顶尖人才的地位 [16] 管理层对经营环境和未来前景的评论 - 尽管整体经济增长仍然稳健,但保险市场仍存在动荡,影响众多客户,公司将继续帮助客户应对这些挑战 [16] - 公司2024年第一季度收入预期为3.7亿-3.8亿美元,有机增长10%-15%,调整后EBITDA为9,500万-1亿美元,调整后每股收益为0.51-0.55美元 [26] - 2024年全年收入预期为13.5亿-14亿美元,有机增长接近上限,调整后EBITDA为3.15亿-3.3亿美元,自由现金流为1.65亿-1.95亿美元 [26] 问答环节重要的提问和回答 问题1 **Unidentified Analyst 提问** 询问2024年IAS业务的前景,是否仍面临之前提到的一些挑战 [29] **Trevor Baldwin 回答** 公司预计IAS业务的利率和承保面积影响将在2024年逐步缓解,业务的基本面保持强劲,新业务拓展势头良好 [30][31] 问题2 **Meyer Shields 提问** 询问出售的批发经纪业务Connected Risk Solutions是否存在明显的季节性 [46] **Trevor Baldwin 回答** 该业务的季节性相对较小,季度之间收入较为平稳 [47] 问题3 **Elyse Greenspan 提问** 询问2024年各业务线的有机增长预期,以及IAS业务在2023年四季度后的表现 [58][59] **Trevor Baldwin 回答** 公司预计2024年各业务线都将实现双位数有机增长,IAS业务在1月份已经看到了业务正常化,新业务拓展势头良好 [59][60]
BRP Group (BRP) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-02-29 08:45
BRP Group财务表现 - BRP Group第四季度每股收益为0.14美元,超过了Zacks Consensus Estimate的0.11美元[1] - BRP Group在过去四个季度中,三次超过了市场预期的每股收益[2] - BRP Group第四季度营收达到2.8465亿美元,超过了Zacks Consensus Estimate[3] BRP Group股价表现 - BRP Group股价自年初以来上涨约12.8%[4] BRP Group盈利前景 - BRP Group的盈利前景对股价走势有重要影响[5] - BRP Group的盈利预期对投资者判断股票未来走势有帮助[6] - BRP Group的盈利预期处于有利状态,预计股票将在未来表现优于市场[7] - BRP Group未来季度和当前财年的盈利预期为0.56美元和1.59美元[8] 行业排名 - 行业前景对股票表现也有重要影响,目前保险-人寿保险行业排名前25%[9]