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AJ Gallagher Announces Improved Earnings

Monday, July 22, 2002 | 0

Arthur J. Gallagher & Co. (NYSE: AJG) Friday announced its financial results for the second quarter and six months ended June 30, 2002. For the six months ended June 30, 2002, total revenues were $526,253,000, compared to $430,599,000 last year, an increase of 22%. Net earnings were $68,136,000, up $17,856,000 or 36% for the six months from $50,280,000 last year. Net earnings per share for six months were $.74, up 32% from $.56 in 2001. For the second quarter of 2002, total revenues increased 30% from $213,947,000 to $277,091,000. Net earnings were $34,461,000, an increase o...

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