Brooke’s Q3 Up 71% From a Year Ago
Overland Park, Kan.-based agency franchise network Brooke Corp. saw its third-quarter profit jump to $1.4 million, or 14 cents per diluted share, up 71 percent from last year’s $822,000, or 8 cents per diluted split adjusted share.
Quarterly revenues increased 48 percent to $26.1 million in the third quarter of 2004, up from $17.7 million in the third quarter of 2003.
CEO Robert D. Orr attributed the earnings uptick to fees from consulting on the acquisition, conversion and start-up of new franchise locations.
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