Aon Plc. (AON) has delivered mixed results for the first quarter of 2022, as earnings topped but revenues fell short of expectations. Shares of the company declined 9.4% to close at $287.99 on April 29. The professional services company offers financial risk mitigation products, including insurance and pension administration. Results in Detail Revenues in the quarter were up 4% year-over-year to $3.7 billion, slightly missing consensus estimates of $3.73 billion. The increase in revenues was supported by an 8% rise in organic revenue, driven by ongoing strong retention and net new business generation. Adjusted earnings per share increased 18% year-over-year to $4.83, beating the consensus estimate of $4.80.
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Aon (NYSE:AON)
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