DUBLIN (AP) _ Aon PLC (AON) on Friday reported a third-quarter loss of $900 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Dublin-based company said it had a loss of $3.99. Earnings, adjusted for non-recurring costs, were $1.74 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.67 per share.
The insurance brokerage posted revenue of $2.7 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $2.58 billion.
Aon shares have increased 52% since the beginning of the year, while the S&P's 500 index has increased 22%. The stock has risen 65% in the last 12 months.
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