Aon plc (AON) Reports In-Line Q1 EPS, Revenues Miss

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Aon Reports First Quarter 2019 Results

April 26, 2019 6:00 AM EDT

LONDON, April 26, 2019 /PRNewswire/ -- 

First Quarter Key Metrics From Continuing Operations

Total revenue increased 2% to $3.1 billion, with organic revenue growth of 6% Operating margin increased 180 basis points to 27.7%, and operating margin, adjusted for certain items, increased 190 basis points to 33.7% EPS increased 15% to $2.70, and EPS, adjusted for certain items, increased 11% to $3.31 For the first three months of 2019, cash flow from operations decreased 47% to $74 million, and free cash flow decreased 82% to $17 million

First Quarter Highlights

Repurchased 0.6 million Class A Ordinary Shares for approximately $100... More