Willis Towers Watson Public (WTW) to Release Quarterly Earnings on Thursday

Willis Towers Watson Public (NASDAQ:WTW) is scheduled to be releasing its earnings data before the market opens on Thursday, April 25th. Analysts expect Willis Towers Watson Public to post earnings of $3.22 per share for the quarter. Willis Towers Watson Public has set its FY 2024 guidance at 15.400-17.000 EPS and its FY24 guidance at $15.40-17.00 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, beating analysts’ consensus estimates of $7.05 by $0.39. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The business had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.91 billion. During the same quarter last year, the business earned $6.33 earnings per share. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, analysts expect Willis Towers Watson Public to post $16 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $265.17 on Tuesday. Willis Towers Watson Public has a 12 month low of $195.29 and a 12 month high of $278.86. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.45 and a quick ratio of 1.45. The firm has a market capitalization of $27.12 billion, a PE ratio of 26.46, a P/E/G ratio of 1.51 and a beta of 0.74. The company’s 50 day simple moving average is $271.25 and its 200 day simple moving average is $250.28.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend was Wednesday, March 27th. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 35.13%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on WTW. Raymond James reiterated an “outperform” rating and set a $315.00 price objective (up previously from $295.00) on shares of Willis Towers Watson Public in a research note on Thursday, March 28th. TD Cowen started coverage on shares of Willis Towers Watson Public in a report on Wednesday, January 10th. They set an “outperform” rating and a $316.00 target price for the company. Truist Financial raised their target price on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $307.00 to $317.00 and gave the stock an “outperform” rating in a report on Wednesday, April 10th. Finally, Roth Mkm raised their target price on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus target price of $290.54.

Insider Buying and Selling

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the transaction, the chief financial officer now owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.22% of the company’s stock.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.