Willis Towers Watson Public (WTW) to Release Earnings on Tuesday

Willis Towers Watson Public (NASDAQ:WTW) will likely be announcing its earnings results before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of $8.01 per share and revenue of $3,054,188.55 billion for the quarter. Willis Towers Watson Public has set its FY 2024 guidance at 16.000-17.000 EPS and its FY24 guidance at $16.00-17.00 EPS.Parties that wish to register for the company’s conference call can do so using this link.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter last year, the firm earned $2.24 EPS. The business’s revenue was up 5.7% on a year-over-year basis. On average, analysts expect Willis Towers Watson Public to post $17 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Willis Towers Watson Public Trading Up 2.2 %

NASDAQ WTW opened at $329.44 on Tuesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The company has a 50-day simple moving average of $315.57 and a 200-day simple moving average of $298.03. The firm has a market capitalization of $33.18 billion, a PE ratio of -45.25, a price-to-earnings-growth ratio of 1.72 and a beta of 0.74. Willis Towers Watson Public has a one year low of $242.54 and a one year high of $334.99.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is -48.35%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WTW. Wells Fargo & Company dropped their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their price target for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Roth Mkm increased their price objective on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Finally, Barclays lifted their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $333.64.

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.