$2.11 Earnings Per Share Expected for Willis Towers Watson Public Limited Company (WLTW) This Quarter

Wall Street analysts forecast that Willis Towers Watson Public Limited Company (NASDAQ:WLTW) will post earnings of $2.11 per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have made estimates for Willis Towers Watson Public Limited’s earnings, with the highest EPS estimate coming in at $2.22 and the lowest estimate coming in at $1.93. Willis Towers Watson Public Limited reported earnings per share of $1.88 during the same quarter last year, which would indicate a positive year-over-year growth rate of 12.2%. The firm is scheduled to announce its next quarterly earnings results on Thursday, February 8th.

On average, analysts expect that Willis Towers Watson Public Limited will report full-year earnings of $8.41 per share for the current financial year, with EPS estimates ranging from $8.30 to $8.49. For the next financial year, analysts expect that the firm will report earnings of $9.81 per share, with EPS estimates ranging from $9.45 to $10.10. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Willis Towers Watson Public Limited.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its earnings results on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.01). Willis Towers Watson Public Limited had a return on equity of 10.93% and a net margin of 4.43%. The company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the previous year, the company posted $1.04 earnings per share. Willis Towers Watson Public Limited’s revenue for the quarter was up 4.0% on a year-over-year basis.

Several brokerages recently weighed in on WLTW. ValuEngine upgraded shares of Willis Towers Watson Public Limited from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Robert W. Baird reaffirmed a “buy” rating and issued a $167.00 target price on shares of Willis Towers Watson Public Limited in a research note on Friday, November 3rd. Wells Fargo & Company raised shares of Willis Towers Watson Public Limited from an “underperform” rating to a “market perform” rating in a research note on Friday, November 3rd. BidaskClub downgraded shares of Willis Towers Watson Public Limited from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 31st. Finally, Barclays PLC increased their price objective on shares of Willis Towers Watson Public Limited from $171.00 to $174.00 and gave the stock an “overweight” rating in a research report on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $155.80.

In other news, insider Jeffrey W. Ubben sold 311,000 shares of the business’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $149.02, for a total value of $46,345,220.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jeffrey W. Ubben sold 650,000 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $149.34, for a total transaction of $97,071,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 3,514,295 shares of company stock worth $533,070,133 over the last ninety days. 6.70% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Financial Architects Inc lifted its position in shares of Willis Towers Watson Public Limited by 2.5% in the 2nd quarter. Financial Architects Inc now owns 1,284 shares of the financial services provider’s stock worth $187,000 after purchasing an additional 31 shares during the period. Wilbanks Smith & Thomas Asset Management LLC lifted its position in shares of Willis Towers Watson Public Limited by 0.8% during the 2nd quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 6,852 shares of the financial services provider’s stock valued at $997,000 after acquiring an additional 56 shares during the period. Great West Life Assurance Co. Can lifted its position in shares of Willis Towers Watson Public Limited by 11.8% during the 2nd quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 73 shares during the period. Commonwealth Bank of Australia lifted its position in shares of Willis Towers Watson Public Limited by 12.1% during the 2nd quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 75 shares during the period. Finally, LS Investment Advisors LLC lifted its position in shares of Willis Towers Watson Public Limited by 1.2% during the 2nd quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock valued at $936,000 after acquiring an additional 79 shares during the period. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Shares of Willis Towers Watson Public Limited (WLTW) traded down $2.72 during midday trading on Monday, reaching $159.93. 881,095 shares of the company traded hands, compared to its average volume of 805,585. Willis Towers Watson Public Limited has a fifty-two week low of $119.70 and a fifty-two week high of $165.00. The firm has a market capitalization of $21,480.00, a price-to-earnings ratio of 19.86, a P/E/G ratio of 1.93 and a beta of 0.92. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.97 and a quick ratio of 1.97.

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Willis Towers Watson Public Limited Company Profile

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

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Earnings History and Estimates for Willis Towers Watson Public Limited (NASDAQ:WLTW)

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