Aon plc Q3 Earnings Report

Aon plc (NYSE:AON) posted Q3 earnings and revenue above analyst expectations, sending its shares around 1% higher in premarket trading Friday.

Earnings Per Share (EPS)
– Aon reported EPS of $2.72, exceeding consensus estimates of $2.48.

Revenue
– The company generated $3.72 billion in revenue, slightly above the expected $3.69 billion.

Commercial Risk Solutions
– Revenue from Aon’s Commercial Risk Solutions segment rose 17% year-over-year to $1.85 billion, beating the anticipated $1.81 billion.

Adjusted Operating Margin
– The adjusted operating margin for the quarter was 24.6%, an improvement from 24.3% the prior year and slightly higher than the projected 24.5%.

Cash Reserves
– Cash and cash equivalents stood at $1.10 billion, a 37% increase from last year, though falling short of the $1.48 billion estimate.

CEO Commentary
– Greg Case, CEO of Aon, stated: "Our performance through the first three quarters positions us well to deliver full-year results in line with our financial guidance, and demonstrates the success of our 3×3 Plan to bring better client solutions across Risk Capital and Human Capital, powered by Aon Business Services."