Aon plc (AON) Tops Q1 EPS by 3c

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Aon Reports First Quarter 2022 Results

April 29, 2022 6:00 AM EDT

First Quarter Key Metrics

Total revenue increased 4% to $3.7 billion, including organic revenue growth of 8%Operating margin increased 190 basis points to 37.2%, and operating margin, adjusted for certain items, increased 60 basis points to 38.0%EPS increased 18% to $4.73, and EPS, adjusted for certain items, increased 13% to $4.83For the first three months of 2022, cash flows from operations decreased 17% to $463 million, and free cash flow decreased 17% to $440 million

First Quarter Highlights

Repurchased 2.8 million class A ordinary shares for approximately $0.8 billionAnnounced $7.5 billion increase in share repurchase authorization and 10% increase to quarterly... More