AON's Q4 Earnings Miss on Higher Expenses, '23 FCF Jumps 5%

Aon plc (AON) reported fourth-quarter 2023 adjusted earnings of $3.89 per share, which missed the Zacks Consensus Estimate by 4.4%. The bottom line remained flat year over year.Total revenues advanced 8% year over year to $3.4 billion in the quarter under review and surpassed the consensus mark by 0.6%. The top line consisted of organic revenue growth of 7% and a 2% favorable impact from foreign currency translation. It also had a 1% favorable impact from fiduciary investment income.The lower-than-expected ...