Shares of Aon (NYSE:AON) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share rose 11.18% over the past year to $3.68, which beat the estimate of $3.66.Revenue of $3,219,000,000 higher by 2.42% from the same period last year, which missed the estimate of $3,300,000,000.Guidance Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: May 01, 2020View more earnings on AONTime: 11:03 AM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.aon.com%2Fabout-aon%2Finvestor-relations%2Foverview%2Fdefault.aspx&eventid=2157334&sessionid=1&key=B7B711F294ABA949E0C5459C11E3B17E®Tag=&sourcepage=registerPrice Action 52-week high: $238.19Company's 52-week low was at $143.93Price action over last quarter: down 23.27%Company Profile Aon is a leading global provider of insurance and reinsurance brokerage and human resource solutions. Its operations are tilted toward its brokerage operations. Headquartered in London, Aon has about 50,000 employees and operations in 120 countries around the world.See more from Benzinga * Phillips 66 Partners: Q1 Earnings Insights * Newell Brands: Q1 Earnings Insights * Hill-Rom Holdings: Q2 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Aon's (AON) first-quarter earnings results are likely to reflect improved revenues on the back of its strong segmental performances.
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Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Aon Plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
Aon PLC said Monday it was cutting salaries of its executives and most of its employees, and suspending its stock repurchase program, as it looks to preserve financial flexibility amid the COVID-19 pandemic. In a letter to employees, Chief Executive Greg Case said effective May 1, the professional services company's named executives will take a 50% salary cut, while 70% of employees will take a 20% salary reduction. The company said it has also curtailed spending on contractors and third-party vendors and has reduced discretionary expenses related to client service. Aon said it intends to preserve its dividend. The stock, which was still inactive in premarket trading, has dropped 17.2% over the past three months, while the S&P 500 has lost 12.5%.
Aon plc (NYSE:AON), the leading global professional services firm providing a broad range of risk, retirement and health solutions, announced today that the Board of Directors has declared a quarterly cash dividend of $0.44 per share on outstanding Class A Ordinary Shares. The dividend is payable May 15, 2020 to shareholders of record on May 1, 2020.
Aon (AON) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Willis Towers Watson plc (WLTW) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Aon (AON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aon Plc. Global Credit Research- 29 Apr 2020. New York, April 29, 2020-- Moody's Investors Service has completed ...
Aon's (AON) Q1 results reflect higher revenues, offset by an adverse impact from foreign exchange rates.
AON earnings call for the period ending March 31, 2020.
Moody's affirmed the B1 instrument ratings on Tempo's first-lien senior secured debt, including a $250 million revolver and a $2.91 billion term loan, and assigned a B1 rating to a new, at least $250 million senior secured first-lien notes offering. The actions stem from increased leverage resulting from the company's plan to raise at least $250 million in incremental debt in a challenging operating environment.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Better-than-expected earnings from several insurance brokers saw buyers return on Thursday. Here are three trading ideas to consider.
Aon Announces MGA Featuring the World's Largest Capacity for Intellectual Property Liability Risks