AON Corp. (AON) Tops Q2 EPS by 1c
AON Corp. (NYSE: AON) reported Q2 EPS of $0.83, $0.01 better than the analyst estimate of $0.82. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.74 billion.
"We delivered solid organic revenue growth in our Retail Brokerage business while delivering on the synergy savings related to Aon Hewitt," said Greg Case, president and chief executive officer. "While macro conditions remain challenging globally, we are firmly on track to deliver growth in 2011, our restructuring programs are delivering cost savings and we have solid financial flexibility that will continue to drive increased shareholder value, as highlighted by the repurchase of $303 million of common stock in the quarter."
"We delivered solid organic revenue growth in our Retail Brokerage business while delivering on the synergy savings related to Aon Hewitt," said Greg Case, president and chief executive officer. "While macro conditions remain challenging globally, we are firmly on track to deliver growth in 2011, our restructuring programs are delivering cost savings and we have solid financial flexibility that will continue to drive increased shareholder value, as highlighted by the repurchase of $303 million of common stock in the quarter."