| AON |
Report |
Adjusted EPS (Q2 2026) |
BEAT |
pred ~$3.85 vs. cons $3.77 |
MEDIUM |
| AON |
Report |
Total Organic Revenue Growth (Q2 2026) |
BEAT |
pred ~5.3% vs. cons ~5.0% |
MEDIUM |
| AON |
Report |
Adjusted Operating Margin (Q2 2026) |
IN-LINE |
pred ~28.9% vs. cons ~28.8% |
MEDIUM |
| AON |
Guide |
FY2026 Organic Revenue Growth Guidance |
UNCHANGED |
guide ~mid-single-digit-or-greater (~5.5%) vs. cons ~5.3% (FY2026) |
HIGH |
| AON |
Guide |
FY2026 Adjusted Operating Margin Expansion Guidance |
UNCHANGED |
guide ~75bps vs. cons ~75bps (FY2026) |
HIGH |
| AON |
Guide |
FY2026 Free Cash Flow Growth Guidance |
UNCHANGED |
guide ~double-digit (~12%) vs. cons ~11% (FY2026) |
MEDIUM |
| AON |
Guide |
FY2026 Effective Tax Rate Guidance |
UNCHANGED |
guide ~19.5-20.5% (~20.0%) vs. cons ~20.0% (FY2026) |
HIGH |
| AON |
Return |
Day-1 residual (stock − beta × S&P 500) |
-2.0% |
— |
MEDIUM |
| AON |
Return |
5-day cumulative residual |
-3.5% (FADE) |
Stock ran ~6-8% into the print to fresh 52-week highs pricing in a clean beat-and-raise; likely outcome is a beat-but-hold quarter (EPS beat, organic growth in-line/slight beat, margin roughly in-line) with FY26 guidance merely reaffirmed rather than raised. Reinsurance/property pricing pressure (15-20% April renewal declines) persisting into Q2's peak property quarter and softening fiduciary investment income cap margin upside, so sell-side is unlikely to raise H2 estimates materially even after a Q2 beat - an implicit out-period holding/cut relative to the run-up's embedded optimism, driving post-print profit-taking and multiple compression over the following days. |
MEDIUM |