Willis Towers Watson (WTW) came out with quarterly earnings of $8.13 per share, beating the Zacks Consensus Estimate of $8.01 per share. This compares to earnings of $7.44 per share a year ago.
Evaluate the expected performance of Willis Towers Watson (WTW) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Willis Towers Watson shares have returned 15% since my initial Buy recommendation was published on February 12, 2024. WTW stock's rise has been driven by solid earnings performance and moderate multiple expansion. The company recently completed a divestiture of its direct-to-consumer business, which is expected to help improve margins going forward.
Jefferies analyst Yaron Kinar upgraded WTW to Buy from Hold with a price target of $382, up from $352.
WTW is poised to grow on strong new business, strategic acquisitions, geographic diversification, solid customer retention levels and strong capital position.
Willis Towers Watson Public Limited Company (NASDAQ:WTW ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Carl Hess - Chief Executive Officer Andrew Krasner - Chief Financial Officer Conference Call Participants Mitchell Rubin - Raymond James Elyse Greenspan - Wells Fargo Robert Cox - Goldman Sachs Mark Hughes - Truist Securities Charles Sebaski - BMO Peter Newton - Evercore ISI Meyer Shields - KBW Justin Moreno - Barclays Katie Sakys - Autonomous Research Mark Marcon - Baird Operator Good morning. Welcome to the WTW Third Quarter 2024 Earnings Conference Call.
Willis Towers Watson Public Limited Company WTW delivered third-quarter 2024 adjusted earnings of $2.93 per share, which beat the Zacks Consensus Estimate by 9.3%. The bottom line increased 30.8% year over year.
The headline numbers for Willis Towers Watson (WTW) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Willis Towers Watson (WTW) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of $2.68 per share. This compares to earnings of $2.24 per share a year ago.
WTW's Q3 performance is likely to have benefited from strong client retention, improved project work, higher commission and fees, offset by escalating expenses.
Evaluate the expected performance of Willis Towers Watson (WTW) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Willis Towers Watson (WTW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.