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Aon plc Q2 Profit Increases, beats estimates

Aon plc (AON) reported earnings for its second quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $501 million, or $2.33 per share. This compares with $379 million, or $1.66 per share, in last year's second quarter.

Excluding items, Aon plc reported adjusted earnings of $565 million or $2.63 per share for the period.

Analysts on average had expected the company to earn $2.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.1% to $2.98 billion from $2.89 billion last year.

Aon plc earnings at a glance (GAAP) :

-Earnings (Q2): $501 Mln. vs. $379 Mln. last year.
-EPS (Q2): $2.33 vs. $1.66 last year.
-Analyst Estimate: $2.53
-Revenue (Q2): $2.98 Bln vs. $2.89 Bln last year.

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