Brokerages Expect Aon plc Class A (NYSE:AON) Will Announce Earnings of $2.81 Per Share

Wall Street brokerages expect Aon plc Class A (NYSE:AON) to report earnings per share of $2.81 for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for Aon plc Class A’s earnings, with estimates ranging from $2.60 to $2.99. Aon plc Class A reported earnings per share of $1.45 in the same quarter last year, which would indicate a positive year over year growth rate of 93.8%. The business is expected to issue its next quarterly earnings report on Tuesday, May 8th.

According to Zacks, analysts expect that Aon plc Class A will report full-year earnings of $8.00 per share for the current year, with EPS estimates ranging from $7.89 to $8.10. For the next financial year, analysts anticipate that the company will report earnings of $9.19 per share, with EPS estimates ranging from $8.95 to $9.40. Zacks’ EPS calculations are an average based on a survey of research analysts that follow Aon plc Class A.

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Aon plc Class A (NYSE:AON) last released its earnings results on Friday, February 2nd. The financial services provider reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.34 by $0.01. Aon plc Class A had a net margin of 12.26% and a return on equity of 32.41%. The business had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.84 billion. During the same period in the previous year, the firm earned $2.56 EPS. The business’s revenue for the quarter was up 9.8% on a year-over-year basis.

A number of research firms have recently issued reports on AON. Zacks Investment Research upgraded shares of Aon plc Class A from a “sell” rating to a “hold” rating in a report on Tuesday, March 20th. Wells Fargo restated a “hold” rating and set a $143.00 price target on shares of Aon plc Class A in a report on Friday, February 2nd. Goldman Sachs upgraded shares of Aon plc Class A from a “neutral” rating to a “buy” rating and boosted their price target for the company from $144.22 to $149.00 in a report on Thursday, March 15th. Barclays restated a “hold” rating and set a $135.00 price target on shares of Aon plc Class A in a report on Tuesday, January 9th. Finally, Citigroup boosted their price target on shares of Aon plc Class A from $162.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, February 28th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $147.00.

Aon plc Class A (NYSE:AON) traded up $2.25 during midday trading on Monday, hitting $139.42. 343,373 shares of the company were exchanged, compared to its average volume of 1,309,587. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.67. Aon plc Class A has a twelve month low of $116.05 and a twelve month high of $152.78. The company has a market cap of $33,768.58, a P/E ratio of 29.85, a P/E/G ratio of 1.46 and a beta of 1.03.

In other Aon plc Class A news, EVP Peter M. Lieb sold 4,200 shares of the business’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $141.39, for a total value of $593,838.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael J. O’connor sold 12,824 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $145.00, for a total transaction of $1,859,480.00. Following the completion of the sale, the chief executive officer now directly owns 126,629 shares of the company’s stock, valued at $18,361,205. The disclosure for this sale can be found here. Insiders have sold 123,477 shares of company stock worth $17,453,753 over the last ninety days. 0.90% of the stock is currently owned by insiders.

A number of hedge funds have recently bought and sold shares of AON. Valeo Financial Advisors LLC bought a new stake in shares of Aon plc Class A during the 3rd quarter worth $105,000. Fieldpoint Private Securities LLC bought a new stake in shares of Aon plc Class A during the 3rd quarter worth $121,000. BB&T Investment Services Inc. boosted its holdings in shares of Aon plc Class A by 71.3% during the 3rd quarter. BB&T Investment Services Inc. now owns 1,038 shares of the financial services provider’s stock worth $136,000 after buying an additional 432 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Aon plc Class A by 105.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,170 shares of the financial services provider’s stock worth $157,000 after buying an additional 600 shares during the period. Finally, Auxier Asset Management bought a new stake in shares of Aon plc Class A during the 3rd quarter worth $206,000. 87.28% of the stock is owned by institutional investors.

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Aon plc Class A Company Profile

Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.

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Earnings History and Estimates for Aon plc Class A (NYSE:AON)

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