Alert: New Earnings Report (4/26/24)-Aon plc (NYSE: AON).

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Aon plc (NYSE: AON) has reported E.P.S. of $5.38 for its first fiscal quarter (ending March 31) versus $5.09 for the same period a year ago — an increase of 6%. However, this performance was $-1.10 short of the consensus estimate of $6.48. For the latest four quarters through March 31, E.P.S. were $12.86 compared to $12.54 a year ago — an increase of 3%.

Recent Price Action

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Aon plc (NYSE: AON) stock suffered a large decline of -6.9% on 4/26/24. The stock closed at $285.03. Moreover, exceptionally high trading volume at 495% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -7.7% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, AON is expected to be an important Value Eraser.

AON plc is currently unrated.

Rating Review

The stock is currently unrated.

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