Tickers in this Article: AON
Aon (AON) has topped the Zacks Consensus Estimate in three of six quarters and shows excellent earnings growth making it a Zacks #1 Rank (Strong Buy). Company Description Aon provides risk management services, insurance and reinsurance brokerage and human resource consulting and outsourcing. The company's risk management services segment offers solutions for property liability, general liability, professional liability, directors' and officers' liability, workers' compensation and various healthcare products along with others. Its insurance and reinsurance brokerage segment offers property and casualty reinsurance and specialty lines, which includes medical malpractice, accident, life, and health, as well as capital management transaction and advisory services. Aon PLC, formally known as Aon Corporation, is headquartered in Chicago, Illinois. AON Meets or Beats Expectations in Four of Last Six Quarters AON topped the Zacks Consensus Estimate in three of the last six quarters. The other three quarters saw two earnings misses and one quarter that was in line with expectations. Over the three positive earnings surprises, the company topped estimates by an average of $0.017 per share which translated into a 2% surprise. Despite the positive surprises, Wall Street hasn't taken much notice and as a result the stock has sold off on average following the earnings report. The average move for the three positive earnings surprises was less than -1%. The largest impact on shares came following the December 2010 quarter. AON reported earnings of $0.84 per share, $0.03 ahead of the Zacks Consensus Estimate. That quarter saw revenues of $2.9 billion, about $69 million ahead of expectations. The beats on the top and bottom line helped lift the stock higher by 5.5% in the session following the report.