DUBLIN (AP) — DUBLIN (AP) — Aon PLC (AON) on Friday reported first-quarter earnings of $1.07 billion.
The Dublin-based company said it had profit of $5.35 per share. Earnings, adjusted for non-recurring costs, came to $5.66 per share.
The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $5.86 per share.
The insurance brokerage posted revenue of $4.07 billion in the period, which also did not meet Street forecasts. Six analysts surveyed by Zacks expected $4.12 billion.
Aon shares have risen 5% since the beginning of the year, while the S&P's 500 index has climbed roughly 6%. The stock has decreased slightly more than 7% in the last 12 months.
Q1 FY 2024 Earnings Release
USA Track & Field expands maternity policy USA Track & Field expands maternity policy
Advisor News
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
- Navigating client communication in a digital age
More Advisor NewsAnnuity News
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
- Solen Software acquires annuity software provider Cooperative Technologies
- MassMutual Expands Lending Options With New Secured Credit Line
More Annuity NewsHealth/Employee Benefits News
- Texas insurer drops Medicare Advantage, drug plans
- Researchers at University of South Florida Release New Data on Managed Care (Graduate medical education funding and hospital quality: A longitudinal analysis of 881 teaching hospitals): Managed Care
- Researchers at Oregon Health & Science University (OHSU) Release New Data on Managed Care (Postpartum contraceptive use among Medicaid beneficiaries following Idaho’s abortion ban): Managed Care
- State of health care, part 3
- MOAA's TRICARE Guide: Transitioning Into Military Retirement
More Health/Employee Benefits NewsLife Insurance News