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Aon plc (AON) Tops Q4 EPS by 6c, Revenues Beat

January 31, 2020 6:04 AM

Aon plc (NYSE: AON) reported Q4 EPS of $2.53, $0.06 better than the analyst estimate of $2.47. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.85 billion.

Fourth Quarter Key Metrics From Continuing Operations and Highlights

"Our fourth quarter results reflect strong operational and financial performance to finish the year, highlighted by organic revenue growth of 7%, including growth of 5% or greater in four of the five solutions lines, and substantial operating margin improvement of 210 basis points. For the full year, we delivered our strongest level of organic revenue growth in over 15 years and adjusted operating margin of 27.5%," said Greg Case, Chief Executive Officer. "Our strong performance reflects continued momentum as we strategically position the firm to bring the best of global Aon to clients and execute against our Aon United strategy. We enter 2020 in a position of strength to continue to improve the long-term growth profile of the firm that we believe will unlock significant value for clients and shareholders."

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

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