These Analysts Cut Their Forecasts On Aon After Weak Earnings

Core Insights - Aon plc reported disappointing earnings for Q1, with earnings per share at $5.67, missing the analyst consensus estimate of $6.02, and quarterly sales of $4.73 billion, below the expected $4.86 billion [1][2]. Group 1: Financial Performance - The company achieved 5% organic revenue growth and 12% adjusted operating income growth in the first quarter [2]. - Aon's adjusted EPS was reported at $5.67, reflecting strong operating performance despite missing overall earnings expectations [1][2]. Group 2: Market Reaction - Following the earnings announcement, Aon shares increased by 1.4%, trading at $340.52 [2]. Group 3: Analyst Ratings and Price Targets - Evercore ISI Group analyst David Motemaden maintained an Outperform rating on Aon but reduced the price target from $420 to $398 [7]. - Piper Sandler analyst Paul Newsome upgraded Aon from Neutral to Overweight while lowering the price target from $384 to $378 [7].