DUBLIN (AP) — DUBLIN (AP) — Aon PLC (AON) on Friday reported third-quarter net income of $456 million.
On a per-share basis, the Dublin-based company said it had net income of $2.23. Earnings, adjusted for non-recurring costs, came to $2.32 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.23 per share.
The insurance brokerage posted revenue of $2.95 billion in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $2.88 billion.
Aon shares have climbed 6.5% since the beginning of the year, while the S&P’s 500 index has increased almost 8%. The stock has climbed 15% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AON at https://www.zacks.com/ap/AON
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
