Investing.com -- Aon plc (NYSE:AON) posted Q3 earnings and revenue above analyst expectations, sending its shares around 1% higher in premarket trading Friday.
The global professional services firm reported earnings per share (EPS) of $2.72, exceeding consensus estimates of $2.48.
Revenue came in at $3.72 billion, slightly above the expected $3.69 billion.
Revenue from Aon’s Commercial Risk Solutions segment rose 17% year-over-year to $1.85 billion, beating the anticipated $1.81 billion.
Adjusted operating margin for the quarter was 24.6%, an improvement from 24.3% the prior year and slightly higher than the projected 24.5%.
Cash and cash equivalents stood at $1.10 billion, a 37% increase from last year, though falling short of the $1.48 billion estimate.
"Our performance through the first three quarters positions us well to deliver full year results in line with our financial guidance, and demonstrates the success of our 3x3 Plan to bring better client solutions across Risk Capital and Human Capital, powered by Aon Business Services,” said Greg Case, CEO of Aon.