AON Q2 Earnings Miss Estimates on Higher Benefit Expenses

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 ...