logo
Plus   Neg
Share
Email

Arthur J. Gallagher Q4 Profit Up

Arthur J. Gallagher & Co. (AJG) Thursday reported fourth-quarter net earnings of $118.7 million or $0.63 per share, up from $84.3 million or $0.44 per share last year.

Adjusted earnings for the quarter were $0.67 per share, up from $0.53 per share last year.

Revenues for the quarter were $1.19 billion, up from $1.00 billion last year.

Analysts polled by Thomson Reuters estimated earnings of $0.52 per share and revenues of $1.40 billion.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Apotex Corp. recalled all lots of type 2 diabetes medication Metformin hydrochloride in the form of oral film-coated tablets for the potential presence of nitrosamine impurity, N-Nitrosodimethylamine (NDMA), above levels of the Acceptable Daily Intake Limit (ADI), the U.S. Food and Drug Administration or FDA said in a statement. Groupe Renault plans to cut about 14,600 jobs across the world and lower its production capacity. The plan includes almost 4,600 jobs reduction in France, through voluntary retirement and retraining. Amazon said it will convert 125,000 of the 175,000 temporary workers it hired in March amid the coronavirus pandemic, to permanent full-time employees in June. The e-commerce giant had hired the temporary employees in March to meet strong consumer demand amid the lockdown. The job openings were in Amazon's fulfillment centers and its delivery network.
RELATED NEWS
Follow RTT