Images By Tang Ming TungI published my ‘Strong Buy’ thesis on Aon (NYSE:AON) in February 2024, pointing out that the acquisition of NFP could potentially accelerate Aon’s organic revenue growth and expand into mid-market. The company released its Q2 earnings on July 26th with 6% organic revenue growth. I favor the company’s growth driven by net new business generation and ongoing strong retention. I maintain a 'Strong Buy' rating with a fair value of $410 per share. Net New Business Growth and Strong Re ...

Aon plc (NYSE:AON) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Greg Case - Chief Executive Officer Edmund Reese - Executive Vice President and Chief Financial Officer Christa Davies - Chief Financial Officer Eric Andersen - President Conference Call Participants Elyse Greenspan - Wells Fargo Andrew Kligerman - TD Securities Michael Zaremski - BMO Capital Markets Jimmy Bhullar - JPMorgan Robert Cox - Goldman Sachs David Motemaden - Evercore ISI Meyer Shields - KBW Grace Car ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-7933 Aon plc (Exact Name of Registrant as Specified in Its Charter) IRELAND 98-1539969 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identific ...

Aon plc (AON) reported second-quarter 2024 adjusted earnings of $2.93 per share, which lagged the Zacks Consensus Estimate by 5.2%. The bottom line advanced 6% year over year.Total revenues of $3.8 billion improved 18% year over year. The top line beat the consensus mark by 1%. It consisted of organic revenue growth of 6%, partly offset by a 1% adverse impact of foreign currency translation.The quarterly results suffered a blow from increased operating expenses, resulting from higher compensation and benefi ...

Aon (AON) reported $3.76 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 18.4%. EPS of $2.93 for the same period compares to $2.76 a year ago.The reported revenue represents a surprise of +1.01% over the Zacks Consensus Estimate of $3.72 billion. With the consensus EPS estimate being $3.09, the EPS surprise was -5.18%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectatio ...

Aon (AON) came out with quarterly earnings of $2.93 per share, missing the Zacks Consensus Estimate of $3.09 per share. This compares to earnings of $2.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.18%. A quarter ago, it was expected that this insurance brokerage would post earnings of $5.86 per share when it actually produced earnings of $5.66, delivering a surprise of -3.41%.Over the last four quarters, the company h ...

Exhibit 99.1 Investor Relations News from Aon Aon Reports Second Quarter 2024 Results Second Quarter Key Metrics • Total revenue increased 18% to $3.8 billion, including organic revenue growth of 6% • Operating margin decreased 910 basis points to 17.4%, and adjusted operating margin increased 10 basis points to 27.4% • EPS decreased 9% to $2.46, and adjusted EPS increased 6% to $2.93 • For the first six months of 2024, cash flows from operations decreased 27% to $822 million, and free cash flow decreased 2 ...

Second Quarter Key MetricsTotal revenue increased 18% to $3.8 billion, including organic revenue growth of 6%Operating margin decreased 910 basis points to 17.4%, and adjusted operating margin increased 10 basis points to 27.4%EPS decreased 9% to $2.46, and adjusted EPS increased 6% to $2.93For the first six months of 2024, cash flows from operations decreased 27% to $822 million, and free cash flow decreased 27% to $721 millionSecond Quarter HighlightsCompleted the acquisition of NFP, a leading middle-mark ...

80 percent of 1H global natural catastrophe claims related to U.S. events LONDON, July 18, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today published its Global Catastrophe Recap: First Half 2024 report, which cites a preliminary estimate of more than $117 billion in economic losses from global natural disasters during the first half (1H) of 2024. This figure was lower than the 21st-century 1H average of $137 billion, and significantly lower than the economic loss ...

For Immediate ReleaseChicago, IL – July 17, 2024 – Today, Zacks Equity Research discusses Marsh & McLennan Companies, Inc. (MMC) , Aon plc (AON) , Arthur J. Gallagher & Co. (AJG) , Willis Towers Watson Public Limited Co. (WTW) and Brown & Brown, Inc. (BRO) .Industry: Insurance BrokerageLink: https://www.zacks.com/commentary/2302312/5-insurance-brokerage-picks-to-gain-from-increased-demandBetter pricing, prudent underwriting, rising demand for insurance products and global expansion have been driving the Zac ...