Aon Q1 Profit Declines

(RTTNews) - Aon Plc. (AON) Friday reported 4 percent decline in first quarter net income attributable to shareholders to $315 million from $328 million in the previous year. Earnings per share were down 1 percent to $1.16 from $1.15 last year. On an adjusted basis, earnings attributable was $1.35 per share.

On average, 23 analysts polled by Thomson Reuters expected the company to earn $1.33 per share. Analysts estimates usually exclude special items.

Revenue for the quarter declined 2 percent to $2.792 billion from $2.847 billion in the prior year. Wall Street expected $2.88 billion.