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Aon plc (AON) Q2 Earnings and Revenues Beat Estimates
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Have you been eager to see how Aon plc (AON - Free Report) performed in Q2 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 $1.71 per share, which beat the Zacks Consensus Estimate of $1.63 and grew 31% 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 2.11%.
Aon posted revenues of $2.6 billion, which was higher than the Zacks Consensus Estimate of $2.5 billion and increased 10% year over year.
Key Q2 Statistics
Total operating expenses increased 3% to $2.6 billion. The company incurred restructuring expenses of $19.5 million.
Adjusted Operating margin expanded 130 basis points to 22%.
Adjusted free cash flow increased 17% to $580 million in the first six months ended Jun 30, 2018.
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.
Check back later for our full write up on this Aon earnings report!
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
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Aon plc (AON) Q2 Earnings and Revenues Beat Estimates
Have you been eager to see how Aon plc (AON - Free Report) performed in Q2 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 $1.71 per share, which beat the Zacks Consensus Estimate of $1.63 and grew 31% 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 2.11%.
Aon plc Price and EPS Surprise
Aon plc Price and EPS Surprise | Aon plc Quote
Revenue Came in Higher than Expected
Aon posted revenues of $2.6 billion, which was higher than the Zacks Consensus Estimate of $2.5 billion and increased 10% year over year.
Key Q2 Statistics
Total operating expenses increased 3% to $2.6 billion. The company incurred restructuring expenses of $19.5 million.
Adjusted Operating margin expanded 130 basis points to 22%.
Adjusted free cash flow increased 17% to $580 million in the first six months ended Jun 30, 2018.
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!
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>