Aon Reports Third Quarter 2019 Results
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Aon plc (AON) Tops Q3 EPS by 2c
October 25, 2019 6:06 AM EDTAon plc (NYSE: AON) reported Q3 EPS of $1.45, $0.02 better than the analyst estimate of $1.43. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.45 billion.
Third Quarter Key Metrics From Continuing Operations
Total revenue increased 1% to $2.4 billion, with organic revenue growth of 5%Operating margin increased from 11.2% to 15.1%, and operating margin, adjusted for certain items, increased 350 basis points to 22.0%EPS increased from $0.61 to $0.93, and EPS, adjusted for certain items, increased 11% to $1.45For the first nine months of 2019, cash... More