Aon plc (NYSE: AON) reported Q4 EPS of $2.62, $0.16 better than the analyst estimate of $2.46. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.84 billion.

Fourth Quarter Key Metrics From Continuing Operations and Highlights

• Total revenue increased 3% to $3.0 billion, including organic revenue growth of 2%
• Operating margin increased to 24.0%, and operating margin, adjusted for certain items, decreased 100 basis points to 26.9%
• EPS increased to $2.27, and EPS, adjusted for certain items, increased 4% to $2.62
• Repurchased 3.9 million Class A Ordinary Shares for approximately $800 million
• Announced the authorization of a new $5 billion share repurchase program
• Announced the expansion of its Apprenticeship program, designed to bridge the gap from education to employment, with an investment of $30 million over the next five years

"We delivered a strong finish to 2020, with 2% organic revenue growth and 4% EPS growth in the fourth quarter. For the full year, free cash flow increased by $1.0 billion to $2.6 billion, the highest in our firm's history, demonstrating the stability of our business and the efficiency of our Aon Business Services platform," said Greg Case, Chief Executive Officer. "Our team is incredibly proud of the tremendous resiliency demonstrated by our colleagues. Understanding the opportunity and the need in front of them, they responded by bringing the best of our firm to our clients and each other, allowing the firm to excel during a year filled with unprecedented challenges. We enter 2021 in a position of strength, with momentum for Aon and our pending combination with Willis Towers Watson."

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