Brown & Brown (BRO) has an average rating of hold and mean price target of $79.27, according to analysts polled by FactSet.
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Price: $62.15, Change: $-3.97, Percent Change: -6.00%
Jade Gas Holdings (ASX:JGH) received approval from the Mineral Resources and Petroleum Authority of Mongolia for its appraisal report for the Tavantolgoi coal bed methane project, according to a Tuesday Australian bourse filing.The next stage in securing a long-term production license for the project is reserve booking, which will validate and register the company's maiden gas reserves under Mongolia's mineral and petroleum reporting standards, per the filing.The company's shares fell nearly 2% in recent trading on Tuesday but earlier hit their highest since May 2024.
Brown & Brown (BRO) reported Q1 adjusted earnings late Monday of $1.39 per diluted share, up from $1.29 a year earlier.Analysts polled by FactSet expected $1.36.Revenue for the three months ended March 31 was $1.9 billion, up from $1.4 billion a year earlier.Analysts surveyed by FactSet expected $1.89 billion.The company's shares rose 2.8% in after-hours trading.
Ranger Energy Services (RNGR) reported Q1 earnings Monday of $0.12 per diluted share, up from $0.03 a year earlier.One analyst polled by FactSet expected $0.13.Revenue in the three months ended March 31 rose to $159.1 million from $135.2 million a year earlier.Three analysts surveyed by FactSet expected $156.2 million.Ranger Energy shares fell 10% in after-hours trading.