Aon Q1 Adj. EPS Beats Consensus - Quick Facts

(RTTNews) - Aon plc (AON) Friday posted first-quarter net income attributable to shareholders of $328 million or $1.14 per share, up from $325 million or $1.06 per share in the comparable quarter last year.

Adjusted earnings were $392 million, down from $394 million in the prior year period, while earnings rose to $1.37 per share from $1.28 per share, last year. On average, twenty-three analysts polled by Thomson-Reuters estimated earnings to be $1.28. Analysts' estimates typically exclude one-time items.

Revenues declined by 3 percent to $2.85 billion, from $2.95 billion a year earlier, driven primarily by a 7% unfavorable impact from foreign currency translation, partially offset by 3% organic revenue growth and a 1% increase in commissions and fees related to acquisitions, net of divestitures. Seventeen analysts had a consensus revenue estimate of $2.94 billion.