Aon beat the street's earnings expectations this quarter, reporting net income per share coming in at 8 cents higher than analysts' estimates and a 24 percent increase in net income.
The Chicago-based insurance broker reported second-quarter net income rose $47 million compared with the same period last year, to $240 million, or 75 cents a share. Revenues grew 13 percent, or $280 million, to $2.5 billion.
For the six months, net income increased 16 percent, or $62 million, to $453 million, or $1.41 a share. Revenues grew 11 percent, or $496 million, to $4.9 billion.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.