DUBLIN (AP) — DUBLIN (AP) — Aon PLC (AON) on Friday reported second-quarter profit of $524 million.
The Dublin-based company said it had net income of $2.46 per share. Earnings, adjusted for non-recurring costs, came to $2.93 per share.
The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.09 per share.
The insurance brokerage posted revenue of $3.76 billion in the period, which topped Street forecasts. Eight analysts surveyed by Zacks expected $3.72 billion.
Aon shares have climbed almost 3% since the beginning of the year, while the S&P's 500 index has risen 13%. The stock has fallen 13% in the last 12 months.
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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