Willis Towers Watson(WTW)
Search documents
El Niño could have a significant impact on renewable energy production, says new WTW Natural Catastrophe Review
Newsfilter· 2024-07-29 11:52
The review also highlights how different 2023 has been to date with five category five storms in the first five months. This year's combination of El Niño and exceptional Atlantic warmth is expected to have significant impact on weather patterns and temperatures across the globe. As the world warms, we continue to see natural disasters, such as the unprecedented Canadian wildfires that began in May and have burned over 11 million hectares to date. Human activities, such as land use, often exacerbate the imp ...
Willis Towers Watson Analysts Increase Their Forecasts After Upbeat Q2 Earnings
Benzinga· 2024-07-26 17:14
Willis Towers Watson Public Limited Company WTW reported better-than-expected second-quarter earnings and raised its FY24 EPS guidance on Thursday. Willis Towers Watson said it now expects FY24 earnings of $16 to $17 per share, versus prior forecast of $15.40 to $17 per share. Wells Fargo analyst Elyse Greenspan maintained Willis Towers Watson with an Overweight rating, while raising the price target from $318 to $321. Truist Securities analyst Mark Hughes maintained the stock with a Buy rating and boosted ...
Willis Towers Watson(WTW) - 2024 Q2 - Earnings Call Transcript
2024-07-25 19:34
Willis Towers Watson Public Limited Company (NASDAQ:WTW) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Carl Hess - CEO Andrew Krasner - CFO Conference Call Participants Elyse Greenspan - Wells Fargo Gregory Peters - Raymond James Rob Cox - Goldman Sachs Paul Newsome - Piper Sandler Andrew Kligerman - TD Cowen Mike Ward - Citi Michael Zaremski - BMO Yaron Kinar - Jefferies David Motemaden - Evercore ISI Mark Marcon - Baird Meyer Shields - KBW Mark Hughes - Truist Securities O ...
Willis Towers Watson(WTW) - 2024 Q2 - Quarterly Report
2024-07-25 17:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Title of each class Trading Symbol(s) Name of each exchange on which registered Ordinary Shares, nominal value $0.000304635 per share WTW NASDAQ Global Select Market Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition perio ...
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 ...