Core Insights - Willis Towers Watson Public Limited Company (WTW) is anticipated to experience a decline in both revenue and earnings for the fourth quarter of 2025, with revenues expected to be $2.87 billion, reflecting a 5.5% decrease year-over-year [1] - The consensus estimate for earnings per share is $7.93, indicating a year-over-year decrease of 2.4%, although this estimate has increased by 0.3% over the past 60 days [2] Revenue Expectations - Revenue growth in the fourth quarter is likely to be supported by strong performances across all segments, particularly in Health and Wealth, driven by international expansion and new business initiatives [5][10] - The Wealth business is expected to benefit from robust Retirement work in Great Britain and North America, along with growth from new investment products [6] - The Benefits Delivery & Outsourcing segment is projected to perform well due to strong project and core administration work in Europe, although this may be partially offset by lower commission revenues in North America [7] Expense Projections - Expenses for the fourth quarter are expected to rise to $1.9 billion, influenced by higher incentive costs, salary expenses, and costs associated with the Transformation program [8][10] Earnings Prediction Model - The Zacks Model indicates that WTW is not likely to beat earnings expectations this quarter, as it has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [3][4]

Key Takeaways Willis Towers Watson likely saw revenue gains from solid global growth across all business segments. Health and Wealth units benefited from new business wins, client focus, and product launches. Career and Corporate Risk & Broking growth offset higher expenses from incentives and consulting. Willis Towers Watson Public Limited Company (WTW) is expected to register an improvement in its bottom line but a decline in the top line when it reports third-quarter 2025 results on Oct. 30, before the o ...