DUBLIN (AP) _ Aon PLC (AON) on Friday reported fourth-quarter profit of $863 million.
On a per-share basis, the Dublin-based company said it had profit of $3.90. Earnings, adjusted for non-recurring gains, were $3.71 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.40 per share.
The insurance brokerage posted revenue of $3.08 billion in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $3.19 billion.
For the year, the company reported profit of $1.25 billion, or $5.55 per share. Revenue was reported as $12.19 billion.
Aon shares have fallen 8% since the beginning of the year, while the S&P's 500 index has increased 19%. The stock has risen 35% in the last 12 months.
Aon Reports Fourth Quarter and Full Year 2021 Results
Asset Manager Re/Insurers 2021 Market Report – Compare the Investment Strategies and Performance of AM-Affiliated Insurers to Other Annuity Companies – ResearchAndMarkets.com
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