BRP Group: Q4 Earnings Snapshot
By AP News
Published - Feb 28, 2023, 07:01 PM ET
Last Updated - Jun 22, 2023, 06:52 PM EDT
TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — BRP Group, Inc. (BRP) on Tuesday reported a loss of $48.5 million in its fourth quarter.
The Tampa, Florida-based company said it had a loss of 84 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 12 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The company posted revenue of $246 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $236.2 million.
