DUBLIN (AP) _ Aon PLC (AON) on Friday reported first-quarter profit of $1.02 billion.
On a per-share basis, the Dublin-based company said it had profit of $4.73. Earnings, adjusted for non-recurring costs, were $4.83 per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.86 per share.
The insurance brokerage posted revenue of $3.67 billion in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $3.75 billion.
Aon shares have increased almost 6% since the beginning of the year, while the S&P's 500 index has decreased 10%. The stock has risen 33% in the last 12 months.
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