Aon plc surpasses Wall Street projections with robust Q3 earnings

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Aon plc surpasses Wall Street projections with robust Q3 earnings

Dublin-based insurance brokerage, Aon (NYSE: AON ) PLC, has reported a notable increase in its Q3 net income which rose to $456 million or $2.23/share, up from $408 million in the same period last year. The company's earnings per share (EPS) outstripped last year's EPS of $1.92 and exceeded the Thomson Reuters (NYSE: TRI ) analyst estimate of $2.21.

After adjusting for exceptional costs, Aon's earnings reached an impressive $2.32/share.

The firm also registered a strong 9.5% growth in revenue, reaching a total of $2.953 billion. This figure marks a substantial increase from last year's Q3 revenue of $2.696 billion.

In terms of share performance, since the beginning of the year, Aon shares have climbed 6.5% and soared 15% over the past 12 months. This is in contrast to the S&P's 500 index which has seen a rise of nearly 8% during the same period.

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