Willis Towers Watson Public Limited (NASDAQ:WTW) Expected to Announce Earnings of $2.35 Per Share

Equities analysts expect Willis Towers Watson Public Limited (NASDAQ:WTWGet Rating) to post earnings of $2.35 per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Willis Towers Watson Public’s earnings, with the highest EPS estimate coming in at $2.56 and the lowest estimate coming in at $2.10. Willis Towers Watson Public posted earnings per share of $2.66 in the same quarter last year, which would indicate a negative year over year growth rate of 11.7%. The firm is scheduled to announce its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Willis Towers Watson Public will report full-year earnings of $13.58 per share for the current financial year, with EPS estimates ranging from $13.15 to $14.00. For the next fiscal year, analysts anticipate that the firm will post earnings of $15.55 per share, with EPS estimates ranging from $15.00 to $16.03. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Willis Towers Watson Public.

Willis Towers Watson Public (NASDAQ:WTWGet Rating) last announced its quarterly earnings results on Thursday, April 28th. The company reported $2.66 earnings per share for the quarter, topping analysts’ consensus estimates of $2.51 by $0.15. The firm had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.23 billion. Willis Towers Watson Public had a return on equity of 13.43% and a net margin of 39.57%. The business’s revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.64 earnings per share.

WTW has been the topic of several recent research reports. StockNews.com initiated coverage on shares of Willis Towers Watson Public in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Wells Fargo & Company lowered their price objective on shares of Willis Towers Watson Public from $240.00 to $238.00 and set an “equal weight” rating for the company in a research note on Monday, March 21st. Morgan Stanley reduced their price objective on Willis Towers Watson Public from $242.00 to $222.00 and set an “equal weight” rating for the company in a research note on Monday, May 23rd. Finally, Bank of America initiated coverage on shares of Willis Towers Watson Public in a report on Monday, April 11th. They issued an “underperform” rating on the stock. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $236.67.

In other news, insider Julie Jarecke Gebauer sold 1,400 shares of the firm’s stock in a transaction that occurred on Monday, May 2nd. The stock was sold at an average price of $214.11, for a total value of $299,754.00. Following the completion of the transaction, the insider now owns 96,804 shares in the company, valued at approximately $20,726,704.44. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.85% of the stock is owned by company insiders.

NASDAQ:WTW traded up $2.66 during mid-day trading on Tuesday, reaching $210.93. The stock had a trading volume of 9,134 shares, compared to its average volume of 650,690. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.36. Willis Towers Watson Public has a 12 month low of $192.99 and a 12 month high of $260.95. The stock has a market capitalization of $23.52 billion, a PE ratio of 7.37, a PEG ratio of 0.97 and a beta of 0.79. The business has a 50-day simple moving average of $221.51.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 15th. Shareholders of record on Thursday, June 30th will be paid a $0.82 dividend. The ex-dividend date is Wednesday, June 29th. This represents a $3.28 dividend on an annualized basis and a yield of 1.56%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 11.46%.

Willis Towers Watson Public Company Profile (Get Rating)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments, Health, Wealth and Career; and and Risk and Broking. The company offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

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

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