UPDATE: Wells Fargo Downgrades Aon Corp (AON) to Equal Weight
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Aon Reports Third Quarter 2021 Results
October 29, 2021 6:00 AM EDTDUBLIN, Oct. 29, 2021 /PRNewswire/ --
Third Quarter Key Metrics
Total revenue increased 13% to $2.7 billion, including organic revenue growth of 12% Operating margin decreased 4,810 basis points to (29.6)%, and operating margin, adjusted for certain items, decreased 30 basis points to 22.1%, including a negative impact of 240 basis points from the repatterning of discretionary expenses as previously described EPS decreased to $(3.99), and EPS, adjusted for certain items, increased 14% to $1.74 For the first nine months of 2021, cash flows from operations decreased 38% to $1,251 million, and free cash flow decreased 40% to $1,149 millionThird Quarter... More
