Wall Street analysts forecast that Aon (AON) will report quarterly earnings of $3.77 per share in its upcoming release, pointing to a year-over-year increase of 8%. It is anticipated that revenues will amount to $4.26 billion, exhibiting an increase of 2.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Aon metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts predict that the 'Revenue- Health Solutions' will reach $814.87 million. The estimate indicates a year-over-year change of +5.6%.
The consensus estimate for 'Revenue- Wealth Solutions' stands at $440.13 million. The estimate points to a change of -15.2% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Reinsurance Solutions' will reach $717.97 million. The estimate suggests a change of +4.4% year over year.
Analysts expect 'Revenue- Commercial Risk Solutions' to come in at $2.29 billion. The estimate indicates a year-over-year change of +5.3%.
The consensus among analysts is that 'Commercial Risk Solutions - Organic Revenue Growth' will reach 5.2%. Compared to the current estimate, the company reported 6.0% in the same quarter of the previous year.
According to the collective judgment of analysts, 'Reinsurance Solutions - Organic Revenue Growth' should come in at 3.6%. Compared to the present estimate, the company reported 6.0% in the same quarter last year.
The collective assessment of analysts points to an estimated 'Wealth Solutions - Organic Revenue Growth' of 4.1%. The estimate compares to the year-ago value of 3.0%.
Analysts forecast 'Consolidated - Organic Revenue Growth' to reach 4.6%. Compared to the current estimate, the company reported 6.0% in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Health Solutions - Organic Revenue Growth' will likely reach 4.3%. The estimate compares to the year-ago value of 6.0%.
View all Key Company Metrics for Aon here>>>Over the past month, Aon shares have recorded returns of +12.6% versus the Zacks S&P 500 composite's +0.6% change. Based on its Zacks Rank #3 (Hold), AON will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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This article originally published on Zacks Investment Research (zacks.com).