DUBLIN (AP) — DUBLIN (AP) — Aon PLC (AON) on Wednesday reported second-quarter net income of $551 million.
The Dublin-based company said it had profit of $2.58 per share. Earnings, adjusted for non-recurring costs, were $3.81 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.77 per share.
The insurance brokerage posted revenue of $4.25 billion in the period, which missed Street forecasts. Eight analysts surveyed by Zacks expected $4.26 billion.
Aon shares have increased 8% since the beginning of the year, while the S&P’s 500 index has increased 8.5%. The stock has climbed slightly more than 3% in the last 12 months.
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