DUBLIN (AP) _ Aon PLC (AON) on Friday reported fourth-quarter profit of $657 million.
On a per-share basis, the Dublin-based company said it had net income of $3.14. Earnings, adjusted for non-recurring costs, were $3.89 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.67 per share.
The insurance brokerage posted revenue of $3.13 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $3.12 billion.
For the year, the company reported profit of $2.59 billion, or $12.14 per share. Revenue was reported as $12.48 billion.
Aon shares have climbed roughly 8% since the beginning of the year, while the S&P's 500 index has risen nearly 9%. The stock has climbed 16% in the last 12 months.
Medicaid: 3M could lose health insurance
State's motive testimony could prolong Alex Murdaugh murder trial
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News