AON - Aon Non-GAAP EPS of $5.17 misses by $0.15 revenue of $3.9B beats by $50M
2023-04-28 06:07:30 ET
- Aon press release ( NYSE: AON ): Q1 Non-GAAP EPS of $5.17 misses by $0.15 .
- Revenue of $3.9B (+5.4% Y/Y) beats by $50M .
- Operating margin increased 90 basis points to 38.1%, and operating margin, adjusted for certain items, increased 70 basis points to 38.7%.
- For the first three months of 2023, cash flows from operations decreased 4% to $443 million, and free cash flow decreased 17% to $367 million.
- Effective tax rate was 19.6% in the first quarter and in the prior year period.
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Aon Non-GAAP EPS of $5.17 misses by $0.15, revenue of $3.9B beats by $50M