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.