BRP Group reports Q2 EPS 27c, consensus 27c

Reports Q2 revenue $297.2M, consensus $289.0M. “The strength of our colleague and client franchise was highlighted by organic growth of 22%, showcasing leading execution on behalf of our clients,” said Trevor Baldwin, CEO. “Additionally, we made progress in de-levering our balance sheet, which further positions us to take advantage of future opportunities. The deep investments we made over the past three years to scale the business are clearly beginning to bear fruit, and we believe they will become more evident in our margin and earnings profile in the second half of the year and beyond.”