Arthur J. Gallagher: Q3 Earnings Snapshot

ROLLING MEADOWS, Ill. (AP) — ROLLING MEADOWS, Ill. (AP) — Arthur J. Gallagher & Co. (AJG) on Thursday reported third-quarter net income of $312.6 million.

On a per-share basis, the Rolling Meadows, Illinois-based company said it had profit of $1.39. Earnings, adjusted for non-recurring costs, came to $2.26 per share.

The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of $2.26 per share.

The insurance and risk-management company posted revenue of $2.81 billion in the period. Its adjusted revenue was $2.74 billion, which missed Street forecasts. Three analysts surveyed by Zacks expected $2.75 billion.