BRO

BROWN & BROWN, INC.

71.17^post+$0.00 (+0.00%)at close +$0.00 (+0.00%)

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as of 19:59:58 UTCnext report Oct 26 · 82d

Earnings Room‹ back to BRO

The report

fiscal Q3 2026 · from the company's notice

Oct 26after close82days out

Expected movement

market-implied · at the Aug 4 close

±14.2%is what the chain prices between now and the expiry below. Not a view we hold.

That span is 136days, so it covers the report plus the ordinary movement around it. The chain doesn't yet quote a second expiry we can separate the two with; the range narrows onto the report as it approaches.

expiry Dec 18 · first after the reportATM strike 70straddle 11.85ATM IV 35%× 0.85 straddle-to-rangespot 71.17

Blast radius

6 linked · N-PORT + EDGAR

If BRO moves ±14.2% over this report, these carry part of it. Fund rows are arithmetic on published holding weights — what an index fund does by construction. Company rows are ranked by disclosed tie strength.

XLFfundState Street Financial Select Sector SPDR ETF0.27% of the fund0.04%RSPfundInvesco S&P 500 Equal Weight ETF0.17% of the fund0.02%VIGfundVanguard Dividend Appreciation Index Fund0.08% of the fund0.01%VTVfundVanguard Value Index Fund0.08% of the fund0.01%SPYfundSPDR S&P 500 ETF Trust0.03% of the fund0.00%VOOfundVanguard 500 Index Fund0.03% of the fund0.00%

Positioning

Butterfly Ladder

No options positioning captured for this ticker yet. Open interest settles once daily — check back after the next capture, or open this room again tomorrow.

The record

expected in pale · actual in full color

4/8reports moved further than the options market had pricedtypically ±5.3% realized vs ±5.3% priced

Jul 27 '26±7.6%→+5.7%×0.75

Apr 27 '26±7.3%→−4.5%×0.62

Jan 26 '26±5.2%→−6.9%×1.33

Oct 27 '25±5.4%→−6.1%×1.13

Aug 22 '25±3.8%→+0.1%×0.02

Jul 28 '25±4.5%→−10.4%×2.33

Apr 28 '25±4.6%→−6.0%×1.32

Jan 27 '25±4.4%→−2.6%×0.59

pale = implied the day beforeink = the next day's close× = realized ÷ implied

2-quarter memory

Q2 FY26 · reported 0.84 · rev $1.7B

record note

The note composes when the report lands. Nothing is written for a quarter that hasn't been read.