Aon plc (AON) Tops Q1 EPS by 16c

Aon plc (NYSE: AON) reported Q1 EPS of $1.45, $0.16 better than the analyst estimate of $1.29. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.34 billion.

• Reported revenue increased 5% to $2.4 billion, with organic revenue growth of 4%
• Operating margin decreased 410 basis points to 14.4%, and operating margin, adjusted for certain items, increased 220 basis points to 22.3%
• EPS decreased 15% to $0.94, and EPS, adjusted for certain items, increased 20% to $1.45
• For the first three months of 2017, cash flow from operations increased $38 million, or 26%, to $182 million, and free cash flow increased $41 million, or 38%, to $148 million

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

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