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AON Corp. (AON) Tops Q4 EPS by 3c, Revenues Miss

February 1, 2019 6:08 AM

AON Corp. (NYSE: AON) reported Q4 EPS of $2.16, $0.03 better than the analyst estimate of $2.13. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.82 billion.

"Our results for the quarter reflect both a strong operational and financial performance to finish the year, highlighted by organic revenue growth of 6%, with growth across every solution line, and substantial operating improvement reflected in +280 basis points of margin expansion and 19% growth in adjusted earnings per share. For the full year, we delivered our strongest level of organic revenue growth since 2006 and achieved $8.16 of adjusted earnings per share, fully delivering on our near-term target to exceed $7.97 per share in 2018," said Greg Case, Chief Executive Officer. "Our strong performance reflects initial success from the strategic actions we have progressively taken to drive Aon United, while also absorbing significant investments to support long-term growth initiatives. Our team is excited about the momentum we have heading into 2019 and the firm's outlook for substantial long-term client and shareholder value creation."

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

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