Aon plc (AON) Reports In-Line Q4 EPS, Beats on Revenues

Aon plc (NYSE: AON) reported Q4 EPS of $2.35, in-line with the analyst estimate of $2.35. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.83 billion.

Fourth Quarter Key Metrics From Continuing Operations and Highlights

• Reported revenue increased 10% to $2.9 billion with organic revenue growth of 6%
• Operating margin decreased to 16.8%, and operating margin, adjusted for certain items, increased to 27.5%
• EPS decreased to $0.04, and EPS, adjusted for certain items, increased to $2.35
• Repurchased 3.5 million Class A Ordinary Shares for approximately $500 million
• The Company closed its acquisition of the Townsend Group, a leading global real estate and investment management firm, bringing greater depth of expertise in real estate assets to Aon\'s distribution scale and increasing Aon\'s ability to provide alternative private market assets
• The Company closed its acquisition of Unirobe Meeùs Groep, strengthening Aon\'s position as a top leading insurance broker and risk advisor in all business-to-business market segments in the Netherlands

For earnings history and earnings-related data on Aon plc (AON) click here.

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