Equity Profile

AON

Aon plc

FinancialsInsurance Brokers$67.5B

Jul24Fri

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Aon plc is a leading global professional services firm that provides a range of risk, retirement, and health solutions. As part of the financial sector, Aon plays a crucial role in helping businesses manage their insurance and risk management needs, which is especially important in today's volatile economic environment.

Key Metrics to Watch

EPS (Earnings Per Share)

EPS is a key indicator of a company's profitability and is closely watched by investors.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and capture market share.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

AON Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+2.04%

Avg Stock Reaction

+1.90%

Last Quarter Recap

In Q1 2026, Aon reported an EPS of $6.48, surpassing estimates by 2.37%. However, the stock had a slight decline of 0.04% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall expectations for Aon's upcoming earnings are mixed, with no analyst estimates available. Investors are keen to see if the company can maintain its positive earnings surprise trend.

Bull Case

If Aon beats EPS expectations again, it could signal strong operational performance and investor confidence, potentially driving the stock higher.

Bear Case

Conversely, if Aon fails to meet expectations, it may raise concerns about its growth prospects, leading to a negative reaction in the stock.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

EPS is a critical measure of profitability, and any significant deviation from expectations could impact investor sentiment.

How is Aon addressing current market challenges?

Understanding Aon's strategies in a challenging market will provide insights into its future growth potential and risk management.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Aon's ability to leverage its global presence to drive growth despite economic headwinds.

Supporting Evidence

Aon has a strong track record of beating EPS estimates, with a 75% beat rate over the last eight quarters.

The options market is pricing in a 4.2% move, which aligns with historical volatility but may not fully capture Aon's potential upside.

Key Risk

If Aon reports an EPS above $6.70, it could challenge the current cautious sentiment and shift the narrative around its growth prospects.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching Aon's ability to sustain earnings growth amid economic uncertainties.

Bull Confirmed If

An EPS of $6.70 or higher would confirm the bull case, indicating strong underlying performance.

Bear Confirmed If

An EPS below $6.30 would support the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±4.2%

Historical Avg

±4.0%

Pricing rich

The options market is pricing in a move of about 4.2%, indicating that traders anticipate some volatility around the earnings announcement.

Options are pricing ±4.8% while AON has averaged ±4.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

21.2%

Calls (26K)P/C Ratio: 1.91Puts (2K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Aon beats expectations, history suggests the stock could rise by about 2.5%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future guidance.

Miss

Should Aon miss expectations, the average historical move indicates a potential decline of around 0.02%, which could raise concerns about growth.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on Aon's strategic initiatives to enhance revenue growth.
2Insights into how Aon is navigating current economic challenges.
3Details on client retention rates and new business wins.
4Management's outlook on market conditions and competitive landscape.
5Any commentary on cost management and operational efficiencies.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Key Metrics to Watch

EPS (Earnings Per Share)

EPS is a key indicator of a company's profitability and is closely watched by investors.

N/A

Revenue Growth

Revenue growth reflects the company's ability to expand its business and capture market share.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

AON Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+2.04%

Avg Stock Reaction

+1.90%

Last Quarter Recap

In Q1 2026, Aon reported an EPS of $6.48, surpassing estimates by 2.37%. However, the stock had a slight decline of 0.04% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall expectations for Aon's upcoming earnings are mixed, with no analyst estimates available. Investors are keen to see if the company can maintain its positive earnings surprise trend.

Bull Case

If Aon beats EPS expectations again, it could signal strong operational performance and investor confidence, potentially driving the stock higher.

Bear Case

Conversely, if Aon fails to meet expectations, it may raise concerns about its growth prospects, leading to a negative reaction in the stock.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q2-2026?

EPS is a critical measure of profitability, and any significant deviation from expectations could impact investor sentiment.

How is Aon addressing current market challenges?

Understanding Aon's strategies in a challenging market will provide insights into its future growth potential and risk management.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Aon's ability to leverage its global presence to drive growth despite economic headwinds.

Supporting Evidence

Aon has a strong track record of beating EPS estimates, with a 75% beat rate over the last eight quarters.

The options market is pricing in a 4.2% move, which aligns with historical volatility but may not fully capture Aon's potential upside.

Key Risk

If Aon reports an EPS above $6.70, it could challenge the current cautious sentiment and shift the narrative around its growth prospects.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching Aon's ability to sustain earnings growth amid economic uncertainties.

Bull Confirmed If

An EPS of $6.70 or higher would confirm the bull case, indicating strong underlying performance.

Bear Confirmed If

An EPS below $6.30 would support the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±4.2%

Historical Avg

±4.0%

Pricing rich

The options market is pricing in a move of about 4.2%, indicating that traders anticipate some volatility around the earnings announcement.

Options are pricing ±4.8% while AON has averaged ±4.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

21.2%

Calls (26K)P/C Ratio: 1.91Puts (2K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Aon beats expectations, history suggests the stock could rise by about 2.5%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future guidance.

Miss

Should Aon miss expectations, the average historical move indicates a potential decline of around 0.02%, which could raise concerns about growth.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on Aon's strategic initiatives to enhance revenue growth.
2Insights into how Aon is navigating current economic challenges.
3Details on client retention rates and new business wins.
4Management's outlook on market conditions and competitive landscape.
5Any commentary on cost management and operational efficiencies.