Aon plc (AON) Tops Q1 EPS by 16c
Aon plc (NYSE: AON) reported Q1 EPS of $1.45, $0.16 better than the analyst estimate of $1.29. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.34 billion.
- Reported revenue increased 5% to $2.4 billion, with organic revenue growth of 4%
- Operating margin decreased 410 basis points to 14.4%, and operating margin, adjusted for certain items, increased 220 basis points to 22.3%
- EPS decreased 15% to $0.94, and EPS, adjusted for certain items, increased 20% to $1.45
- For the first three months of 2017, cash flow from operations increased $38 million, or 26%, to $182 million, and free cash flow increased $41 million, or 38%, to $148 million
For earnings history and earnings-related data on Aon plc (AON) click here.