
Aon Holdings reported strong third-quarter earnings, surpassing profit forecasts with an earnings per share (EPS) of $2.72, compared to an expected $2.48. The company's revenue reached $3.72 billion, exceeding the forecast of $3.69 billion. Aon's operating margin was reported at 16.7%, with an adjusted operating margin of 24.6%. In contrast, AutoNation's third-quarter earnings fell short of expectations, with an adjusted EPS of $4.02, missing estimates by $0.34, and revenue of $6.6 billion, which was $100 million below forecasts. The company experienced a decline in its stock price, falling 5% following the earnings report. AutoNation's new vehicle revenue was $3.17 billion, slightly above estimates, while used vehicle revenue of $1.90 billion and parts and services revenue of $1.17 billion fell short of expectations.
really impressive earnings from $AON today. (I'll update the rest of the table when they report earnings). Insurance brokers may be quite boring industry, and I certainly wasn't expecting +35% in 6 months but they truly have been such compounding machines for so long! https://t.co/KJefaBUQFx https://t.co/FI086VsXfJ
$AN (-3.5% pre) AutoNation Non-GAAP EPS of $4.02 misses by $0.34, revenue of $6.59B misses by $100M - SA https://t.co/dcSO6JY3I2
$AON (+5.1% pre) Aon Reports Third Quarter 2024 Results https://t.co/flQmy2vHs0


