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Aon: 1Q Earnings Snapshot

LONDON (AP) _ Aon PLC (AON) on Friday reported first-quarter earnings of $659 million.

On a per-share basis, the London-based company said it had net income of $2.70. Earnings, adjusted for non-recurring costs, came to $3.31 per share.

The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of $3.31 per share.

The insurance brokerage posted revenue of $3.14 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $3.2 billion.

Aon shares have risen 24 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 17 percent. The stock has increased 27 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AON at https://www.zacks.com/ap/AON