Aon plc (AON) Tops Q3 EPS by 4c, Revenues Beat

October 30, 2020 6:03 AM

Aon plc (NYSE: AON) reported Q3 EPS of $1.53, $0.04 better than the analyst estimate of $1.49. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.32 billion.

Third Quarter Key Metrics From Continuing Operations

Third Quarter Highlights

"Our third quarter results demonstrate the resiliency of our firm and our colleagues. Year-to-date, we delivered strong operational performance with 170 basis points of operating margin expansion and free cash flow of $1.9 billion, up $908 million from last year," said Greg Case, Chief Executive Officer. "Over the past decade, we have evolved to better address client need by making their voice core to our Aon United growth strategy. Taking a complete client view – instead of a traditional product view – is fundamental to delivering the next generation of solutions they have told us they need. In an increasingly volatile world, our pending combination with Willis Towers Watson will accelerate this proven strategy and establish the combined firm as a preeminent partner to help clients navigate today's most pressing issues and the long-tail risks we will face in the future."

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

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