Willis Towers Watson (WTW) Q1 Earnings and Revenues Miss Estimates

Core Insights - Willis Towers Watson (WTW) reported quarterly earnings of $3.13 per share, missing the Zacks Consensus Estimate of $3.20 per share, and down from $3.29 per share a year ago, representing an earnings surprise of -2.19% [1] - The company posted revenues of $2.22 billion for the quarter, missing the Zacks Consensus Estimate by 3.96%, and down from $2.34 billion year-over-year [2] - The stock has added about 4% since the beginning of the year, contrasting with the S&P 500's decline of -8.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.72 on revenues of $2.28 billion, and for the current fiscal year, it is $16.76 on revenues of $9.77 billion [7] - The estimate revisions trend for WTW is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Insurance - Brokerage industry, to which WTW belongs, is currently in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Another company in the same industry, Ryan Specialty Group, is expected to report quarterly earnings of $0.39 per share, reflecting a year-over-year change of +11.4% [9]