On Friday, July 31, Aon AON will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Sell-side analysts expect Aon's EPS to be near $1.93 on sales of $2.55 billion. In the same quarter last year, Aon posted EPS of $1.87 on sales of $2.61 billion. If the company were to report in-line earnings when it publishes results Friday, quarterly profit would be up 3.21%. Sales would have fallen 22.73% from the same quarter last year. Aon's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
---|---|---|---|---|
EPS Estimate | 3.66 | 2.47 | 1.43 | 1.87 |
EPS Actual | 3.68 | 2.53 | 1.45 | 1.87 |
Revenue Estimate | 3.30 B | 2.85 B | 2.45 B | 2.68 B |
Revenue Actual | 3.22 B | 2.88 B | 2.38 B | 2.61 B |
Stock Performance
For a full 12 months, the return has risen by 7.27%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Don't be surprised to see the stock move on comments made during its conference call. Aon is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://event.on24.com/wcc/r/2400647/CCDB827AA9E237ABF1514F667832EB3E
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