Arthur J. Gallagher (NYSE:AJG) reported quarterly earnings of $1.33 per share which missed the analyst consensus estimate of $1.68 by 20.83 percent. This is a 13.68 percent increase over earnings of $1.17 per share from the same period last year.
Sticky Inflation Persists: Fed’s Preferred Measure Climbs, Analysts Sound Off
Annual inflation rate rose to 2.5% as expected in Feb, while personal spending unexpectedly increased. Analysts divided on impact and policy implications.