Arthur J Gallagher & Co. Q2 Income Declines

(RTTNews) - Arthur J Gallagher & Co. (AJG) released a profit for second quarter that decreased from last year

The company's bottom line came in at $235.8 million, or $1.07 per share. This compares with $285.1 million, or $1.33 per share, in last year's second quarter.

Excluding items, Arthur J Gallagher & Co. reported adjusted earnings of $417.0 million or $1.90 per share for the period.

The company's revenue for the quarter rose 20.1% to $2.09 billion from $1.74 billion last year.

Arthur J Gallagher & Co. earnings at a glance (GAAP) :

-Earnings (Q2): $235.8 Mln. vs. $285.1 Mln. last year. -EPS (Q2): $1.07 vs. $1.33 last year. -Revenue (Q2): $2.09 Bln vs. $1.74 Bln last year.