RTTNews | Jul 29, 2021 04:47PM EDT

16:47 Thursday, July 29, 2021 (RTTNews.com) - Arthur J Gallagher & Co. (AJG) revealed a profit for its second quarter that increased from the same period last year.

The company's earnings came in at $190.2 million, or $0.92 per share. This compares with $153.7 million, or $0.79 per share, in last year's second quarter.

Excluding items, Arthur J Gallagher & Co. reported adjusted earnings of $253.2 million or $1.17 per share for the period.

Analysts had expected the company to earn $1.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 22.2% to $1.93 billion from $1.58 billion last year.

Arthur J Gallagher & Co. earnings at a glance:

-Earnings (Q2): $253.2 Mln. vs. $200.0 Mln. last year.-EPS (Q2): $1.17 vs. $0.99 last year.-Analysts Estimate: $1.07-Revenue (Q2): $1.93 Bln vs. $1.58 Bln last year.

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