Have you been eager to see how Aon plc (AON - Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this popular global professional services company’s earnings release this morning.
An Earnings Beat
Aon came out with operating earnings of $2.97 per share, which beat the Zacks Consensus Estimate of $2.79 and grew 26% year over year. Rise in revenues primarily supported the results.
Earnings Surprise History
Aon has a decent earnings surprise history. The company delivered positive surprises in three of the four quarters, with an average beat of 3.8%.
Aon plc Price and EPS Surprise
Revenue Came in Higher than Expected
Aon posted revenues of $3.1 billion, which was higher than the Zacks Consensus Estimate of $2.94 billion and increased 13% year over year.
Key Q1 Statistics
Total operating expenses increased 12% to $2.3 billion.
Adjusted Operating margin expanded 230 basis points to 31.8%.
Adjusted free cash flow increased 16% to $2018 million in the first quarter.
What Zacks Rank Says
Aon carries a Zacks Rank #3 (Hold). However, since the latest earnings performance yet to be reflected in the estimate revisions, the rank is subject to change. While things apparently look favorable, it all depends on what sense the just-released report makes to the analysts.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on this Aon earnings report!
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Have you been eager to see how Aon plc (AON - Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this popular global professional services company’s earnings release this morning.
An Earnings Beat
Aon came out with operating earnings of $2.97 per share, which beat the Zacks Consensus Estimate of $2.79 and grew 26% year over year. Rise in revenues primarily supported the results.
Earnings Surprise History
Aon has a decent earnings surprise history. The company delivered positive surprises in three of the four quarters, with an average beat of 3.8%.
Aon plc Price and EPS Surprise
Revenue Came in Higher than Expected
Aon posted revenues of $3.1 billion, which was higher than the Zacks Consensus Estimate of $2.94 billion and increased 13% year over year.
Key Q1 Statistics
Total operating expenses increased 12% to $2.3 billion.
Adjusted Operating margin expanded 230 basis points to 31.8%.
Adjusted free cash flow increased 16% to $2018 million in the first quarter.
What Zacks Rank Says
Aon carries a Zacks Rank #3 (Hold). However, since the latest earnings performance yet to be reflected in the estimate revisions, the rank is subject to change. While things apparently look favorable, it all depends on what sense the just-released report makes to the analysts.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on this Aon earnings report!
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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