(RTTNews) - Aon plc (AON) released a profit for third quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $343 million, or $1.57 per share. This compares with $456 million, or $2.23 per share, in last year's third quarter.
Excluding items, Aon plc reported adjusted earnings of $594 million or $2.72 per share for the period.
Analysts on average had expected the company to earn $2.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 26.0% to $3.721 billion from $2.953 billion last year.
Aon plc earnings at a glance (GAAP) :
-Earnings (Q3): $343 Mln. vs. $456 Mln. last year. -EPS (Q3): $1.57 vs. $2.23 last year. -Revenue (Q3): $3.721 Bln vs. $2.953 Bln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.