Willis Towers Watson(WTW)

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Willis Towers (WTW) Q2 Earnings Beat Estimates, Improve Y/Y
ZACKS· 2024-07-25 14:46
Corporate Risk & Broking had organic revenue growth, primarily driven by higher levels of new business activity, strong client retention and renewal increases across all geographies. Insurance Consulting and Technology had flat organic revenue growth in the reported quarter, primarily due to tempered demand for discretionary services. Long-term debt increased 16.2% to $5.3 billion at quarter-end from the end of 2023. 2024 Outlook The insurer expects approximately $88 million in non-cash pension income. It e ...
Compared to Estimates, Willis Towers Watson (WTW) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-07-25 14:35
The reported revenue represents a surprise of +0.03% over the Zacks Consensus Estimate of $2.26 billion. With the consensus EPS estimate being $2.28, the EPS surprise was +11.84%. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Revenue- Segment Revenue: $2.24 billion versus the seven-analyst average estimate of $2.24 billion. The rep ...
WTW Recognized in Forbes List of America's Best Employers for Women 2024
Newsfilter· 2024-07-25 14:00
America's Best Employers for Women were identified in an independent survey from a vast sample of over 150,000 women working for companies employing at least 1,000 people within the U.S. from all industry sectors. Over 4 million employer evaluations are considered. The result is based on the following three evaluations: Kristy Banas, CHRO at WTW, commented, "WTW is honored to be recognized in the Forbes list of America's Best Employers for Women 2024. This Award acknowledges our long standing and ongoing co ...
Willis Towers Watson(WTW) - 2024 Q2 - Earnings Call Presentation
2024-07-25 13:47
1 Includes Segment financial measures. See accompanying Earnings Release for Supplemental Segment Information. 2 Signifies Non-GAAP financial measure. See appendix for Non-GAAP reconciliations. 8 Quarterly Segment Performance: Risk & Broking • Operating margin improved by 450 bps due to operating leverage from strong revenue growth in CRB, Transformation savings and interest income. Q2-24 Q2-23 $979 $900 Revenue ($M) Segment Operating Margin1 20.6% 16.1% Q2-24 Q2-23 Risk & Broking 10% 6% 1 Includes Segment ...
Willis Towers Watson (WTW) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-25 12:10
Willis Towers Watson (WTW) came out with quarterly earnings of $2.55 per share, beating the Zacks Consensus Estimate of $2.28 per share. This compares to earnings of $2.05 per share a year ago. These figures are adjusted for non-recurring items. Willis Towers Watson, which belongs to the Zacks Insurance - Brokerage industry, posted revenues of $2.27 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.03%. This compares to year-ago revenues of $2.16 billion. The company has ...
Willis Towers Watson(WTW) - 2024 Q2 - Quarterly Results
2024-07-25 10:00
INVESTORS Claudia De La Hoz | Claudia.Delahoz@wtwco.com WILLIS TOWERS WATSON PUBLIC LIMITED COMPANY Condensed Consolidated Balance Sheets (In millions of U.S. dollars, except share data) | --- | --- | --- | --- | --- | --- | |---------------------------------------|-------------|-------|-----------------|-------|-------------------| | ASSETS | (Unaudited) | | June 30, 2024 | | December 31, 2023 | | Cash and cash equivalents | | $ | 1,247 | $ | 1,424 | | Fiduciary assets | | | 9,925 | | 9,073 | | Accounts re ...
WTW Reports Second Quarter 2024 Earnings
Newsfilter· 2024-07-25 10:00
| --- | --- | --- | --- | |---------|--------------------|---------|------------------| | | | | | | June30, | Three Months Ended | June30, | Six Months Ended | | 2024 | 2023 | 2024 | 2023 | | $ 2,265 | $ 2,159 | $ 4,606 | $ 4,403 | (i) Equity includes (a) Ordinary shares $0.000304635 nominal value; Authorized 1,510,003,775; Issued 101,547,339 (2024) and 102,538,072 (2023); Outstanding 101,547,339 (2024) and 102,538,072 (2023) and (b) Preference shares, $0.000115 nominal value; Authorized 1,000,000,000 and I ...
WTW Reports Second Quarter 2024 Earnings
GlobeNewswire News Room· 2024-07-25 10:00
"WTW delivered a strong second quarter, generating significant EPS growth and margin expansion through robust organic growth, operating efficiency and the continued execution of our Transformation program," said Carl Hess, WTW's Chief Executive Officer. "These results show that our efforts to grow, simplify and transform WTW continue to create sustainable value for shareholders, clients and colleagues. Given our strong performance and ongoing momentum, we are raising the low end of our full year 2024 target ...
Is a Beat in the Cards for Willis Towers (WTW) in Q2 Earnings?
ZACKS· 2024-07-23 15:07
Willis Towers Watson Public Limited Company (WTW) is set to report second-quarter 2024 earnings on Jul 25, before market open. The insurer delivered an earnings surprise in three of the last reported quarters while missing in one. Factors at Play Revenues in the second quarter are likely to have benefited from strong performances across all the segments and the increasing impact of ongoing investments in talent and technology. The Zacks Consensus Estimate of $2.26 billion indicates an increase of 4.8% from ...
Stay Ahead of the Game With Willis Towers Watson (WTW) Q2 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-07-22 14:21
Wall Street analysts forecast that Willis Towers Watson (WTW) will report quarterly earnings of $2.28 per share in its upcoming release, pointing to a year-over-year increase of 11.2%. It is anticipated that revenues will amount to $2.26 billion, exhibiting an increase of 4.9% compared to the year-ago quarter. Over the last 30 days, there has been a downward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsid ...