Aon plc (NYSE:AON) is reporting third quarter financial results on Friday 30th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, AON is expected to report 3Q20 income of $ 1.49 per share from revenue of $ 2316.76 million.
For the full year, analysts anticipate top line of $ 10883.50 million, while looking forward to income of $ 9.63 per share bottom line.
Previous Quarter Performance
Aon plc announced income for the second quarter of $ 1.96 per share, from the revenue of $ 2,497.00 million. The quarterly earnings developed 4.81 percent compared with the same quarter last year. The consensus estimates are income of $ 1.93 per share from $ 2553.51 million in revenue. The bottom line results beat street analysts by $ 0.03 or 1.55 percent, at the same time, top line results fell short of analysts by $ 56.51 million or 2.21 percent.
Stock Performance
Shares of Aon plc traded low $ -7.90 or -4.06 percent on Thursday, reaching $ 186.80 with volume of 1.82 million shares. Aon plc has traded high as $ 194.73 and has cracked $ 186.40 on the downward trend
According to the previous trading day, closing price of $ 186.80, representing a 35.27 % increase from the 52 week low of $ 143.93 and a 18.26 % decrease over the 52 week high of $ 238.19.
The company has a market capital of $ 43.27 billion and is part of the Financial Services sector and Insurance Brokers industry.
Recent Analyst recommendations
- On 19th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 216.00 target price.
Conference Call
Aon plc will be hosting a conference call at 8:30 AM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.aon.com
Aon plc, a professional services firm, provides advisory and solutions based on risk, retirement, and health to clients. It offers commercial risk solutions, including retail brokerage, cyber, and global risk consulting solutions, as well as acts as a captive insurance provider; and health solutions, such as health and benefits brokerages, and health care exchanges. The company also provides reinsurance solutions, such as treaty and facultative reinsurance, as well as investment banking services, including mergers and acquisition, capital raising, strategic advisory, restructuring, and recapitalization services; insurance-linked securities; and corporate finance advisory services, capital markets solutions, and risk management products.
