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Stock impact report

AON Q1 Earnings Miss Estimates on Higher Expenses, Debt High [Yahoo! Finance]

Aon plc Class A Ordinary Shares (Ireland) (AON) 
Last aon plc class a ordinary shares (ireland) earnings: 5/1 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Total revenues advanced 5% year over year to $4.07 billion in the quarter under review but missed the consensus mark by 1.3%. The top line consisted of organic revenue growth of 5% and a 1% favorable impact from foreign currency translation. It also had a 1% favorable impact from fiduciary investment income and a 2% unfavorable impact from acquisitions and divestitures. The weaker-than-expected quarterly results were caused by an elevated operating expense level and shaky results from the U.S. retail brokerage business in the Commercial Risk Solutions business. The negatives were partly offset by strong retention in multiple segments, new business generation and favorable impacts from currency translation. Strong performance in Wealth Solutions and Health Solutions was a major highlight. Aon plc Price, Consensus and EPS Surprise Aon plc price-consensus-eps-surprise-chart | Aon plc Quote Q1 Operations Total operating expenses of $2.6 billion escalated 9% year over year in th Show less Read more
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