Aon plc (AON) has announced a profit for its first quarter which saw an increase compared to the same interval last year. Even so, this didn't meet the estimates projected by Wall Street.
Aon's earnings stood at $1.07 billion, which translates to $5.35 per share. In contrast, last year’s first quarter yielded $1.05 billion, or $5.07 per share.
Upon excluding particular items, Aon reported adjusted earnings of $1.16 billion, or $5.66 per share for this period.
Analysts had, on average, anticipated the company's earnings to be around $5.91 per share. These figures are aggregated by Thomson Reuters and typically omit special items.
The company's revenue for the quarter saw a growth of 5.2%, surging to $4.07 billion from last year’s $3.87 billion.
Here's a quick glance at Aon plc's earnings (GAAP):
- For the first quarter, the earnings were $1.07 billion, in comparison to the $1.05 billion of last year.
- The earnings per share (EPS) for the first quarter were $5.35, versus last year's $5.07.
- The revenue for the first quarter was $4.07 billion, against the $3.87 billion of the previous year.
