Aon plc (AON) earnings on July 29, 2026
Prior outlook: Optimistic Outcome: Missed
Aon shares fell despite a slight earnings beat, as sales missed estimates.
AON price around the earnings
377.16
Change: -1.1%
2026-07-29, 20:00 UTC
End of the measured window
355.00
365.17
375.35
385.52
381.26
July 29, 2026
- Price: green if it ends above the starting price; red if it ends below
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Missed
- Thesis published
- Results released
The recent trend has been strong and AI catalyst with strong earnings beat history but elevated expectations near resistance.
Context analyzed before publication
- Trend
- Consistent strong run-up with increasing scores, indicating highly elevated expectations and potential for sell-the-news
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.05
- Analysts covering the stock
- 19
- Average price target
- 393.11
- Lowest price target
- 327
- Highest price target
- 445
- Upside to price target
- 3.1%
- Quarterly earnings growth
- 25.6%
- Revenue growth
- 6.5%
- Forward EPS
- 21.38
- Trailing EPS
- 18.91
- Analyst moves in the last 60 days
- 10
- Strong buy: 3
- Buy: 10
- Hold: 7
- Sell: 0
- Strong sell: 2
- Strong buy
- 3
- Buy
- 10
- Hold
- 7
- Sell
- 0
- Strong sell
- 2
- July 15, 2026 · Piper Sandler: Downgrades rating (Overweight → Neutral)
- July 13, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- July 9, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- July 9, 2026 · Cantor Fitzgerald: Maintains rating (Overweight → Overweight)
- July 9, 2026 · Mizuho: Maintains rating (Outperform → Outperform)
- July 8, 2026 · UBS: Maintains rating (Neutral → Neutral)
- July 8, 2026 · Keefe, Bruyette & Woods: Maintains rating (Outperform → Outperform)
- July 7, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- July 6, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
- June 16, 2026 · UBS: Maintains rating (Neutral → Neutral)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (2)
- Aon's $5 Billion Insurance Expansion Targets the Exploding AI Data Center Market (opens in a new tab) — Benzinga
- This Check Point Software Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 381.34
- Average true range (ATR)
- 2.3%
- Distance to 52-week high
- -1.9%
- 14-day change (14d)
- +6.3%
- 30-day change (32d)
- +16.2%
- 30-day relative strength
- +14.6%
- SPY change (32d)
- +1.6%
- Nearest support
- 378.59
- Distance to nearest support
- 0.7%
- Nearest resistance
- 381.47
- Distance to nearest resistance
- 0%
- Volume accumulation ratio (14d / 46d)
- 0.64
- Mid: 378.59 (0.7% away, 0.31 ATR, 18 touches)
- Major: 375.63 (1.5% away, 0.64 ATR, 22 touches)
- Mid: 372.63 (2.3% away, 0.97 ATR, 15 touches)
- Mid: 381.47 (0% away, 0.01 ATR, 16 touches)
- Major: 383.18 (0.5% away, 0.2 ATR, 22 touches)
- Mid: 386.26 (1.3% away, 0.55 ATR, 18 touches)
Trends
Evidence
- Average earnings surprise
- +2.8%
- May 1, 2026: actual EPS 6.48 vs estimate 6.35 (surprise +2.0%)
- January 30, 2026: actual EPS 4.85 vs estimate 4.75 (surprise +2.2%)
- October 31, 2025: actual EPS 3.05 vs estimate 2.91 (surprise +4.7%)
- July 25, 2025: actual EPS 3.49 vs estimate 3.41 (surprise +2.5%)
Expected move
- Implied move
- +1.9%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 3.4%
- 75th percentile move
- 5.3%
- 90th percentile move
- 7.7%
- Up / down moves
- 7 / 13
- Average up move
- +4.4%
- Average down move
- -3.4%
Monitoring and close
What Aon plc reported
- Status
- Finished
| Actual EPS | 3.81 |
|---|---|
| EPS estimate | 3.8 |
| EPS surprise | +0.3% |
| Revenue | $4,246 million |
| Revenue estimate | $4,281 million |
| Revenue surprise | -0.8% |
Aon reported 5% organic revenue growth and a 9% increase in adjusted EPS in Q2 2026, but shares fell on mixed results.
Sources (11)
- Aon PLC (AON) Q2 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic AI ... (opens in a new tab) — GuruFocus.com
- Aon plc Q2 2026 Earnings Call Summary (opens in a new tab) — Moby
- AON Q2 Earnings Call Highlights (opens in a new tab) — MarketBeat
- Aon Q2 Earnings Beat Estimates on New Business Wins, Strong Retention (opens in a new tab) — Zacks
- Aon Earnings Beat Expectations but Revenue Miss Sends Shares Lower (opens in a new tab) — InvestorsHub
- Aon (AON) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates (opens in a new tab) — Zacks
- Aon plc (AON) Q2 2026 Earnings Call Transcript (opens in a new tab) — SeekingAlpha
- Aon (AON) Q2 Earnings Beat Estimates (opens in a new tab) — Zacks
- Aon reported adjusted earnings of $3.81 per share, beating the $3.80 estimate, but revenue of $4.246B missed the $4.281B forecast. — Benzinga
- Aon Reports Second-Quarter 2026 Results (opens in a new tab) — Yahoo
- Aon plc 2026 Q2 - Results - Earnings Call Presentation (opens in a new tab) — SeekingAlpha
Pre-market second reading after the results
- Verdict
- Mixed results
Heading into the open, the figures don't clearly confirm the prior scenario.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -1.1%
- Max favorable move (MFE)
- 0%
- Max adverse move (MAE)
- 5%