Have you been eager to see how Willis Towers Watson Public Limited Company performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this insurance broker company’s earnings release this morning.
An Earnings Beat
Willis Towers Watson came out with operating earnings of $2.71 per share, which beat the Zacks Consensus Estimate of $2.63.
The reported figure includes Revenue Standard impact.
Willis Towers Watson Public Limited Company Price and EPS Surprise
Earnings Surprise History
Willis Towers Watson has a decent earnings surprise history. The company delivered positive surprises in two of the last four quarters.
How Was the Estimate Revision Trend?
You should note that the earnings estimate for Willis Towers Watson depicted neutral stance prior to the earnings release. The Zacks Consensus Estimate remained unchanged at $2.63 per share over the last 7 days.
Revenues Beat Expectations
Willis Towers Watson posted adjusted consolidated revenues of $2.3 million, which was higher than the Zacks Consensus Estimate of $2.2 billion.
Key Stats to Note
Total costs of providing services increased nearly 6% year over year to $2 million.
Adjusted EBITDA was $557 million, down 21.3% year over year.
Free cash outflow was $47 million. The company estimates estimate free cash flow between $1.1 and $1.3 billion for 2018
Willis Towers projects adjusted earnings per share to be between $9.88 and $10.12 in 2018. Constant currency revenue growth is estimated to be around 3% and 4% on an organic basis.
What Zacks Rank Says
Willis Towers carries a Zacks Rank #3 (Hold). However, since the latest earnings performance yet to be reflected in the estimate revisions, the rank is subject to change. While things apparently look favorable, it all depends on what sense the just-released report makes to the analysts.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on this Willis Towers Watson earnings report!
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Willis Towers (WLTW) Q1 Earning & Revenues Beats Estimates
Have you been eager to see how Willis Towers Watson Public Limited Company performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this insurance broker company’s earnings release this morning.
An Earnings Beat
Willis Towers Watson came out with operating earnings of $2.71 per share, which beat the Zacks Consensus Estimate of $2.63.
The reported figure includes Revenue Standard impact.
Willis Towers Watson Public Limited Company Price and EPS Surprise
Willis Towers Watson Public Limited Company Price and EPS Surprise | Willis Towers Watson Public Limited Company Quote
Earnings Surprise History
Willis Towers Watson has a decent earnings surprise history. The company delivered positive surprises in two of the last four quarters.
How Was the Estimate Revision Trend?
You should note that the earnings estimate for Willis Towers Watson depicted neutral stance prior to the earnings release. The Zacks Consensus Estimate remained unchanged at $2.63 per share over the last 7 days.
Revenues Beat Expectations
Willis Towers Watson posted adjusted consolidated revenues of $2.3 million, which was higher than the Zacks Consensus Estimate of $2.2 billion.
Key Stats to Note
Total costs of providing services increased nearly 6% year over year to $2 million.
Adjusted EBITDA was $557 million, down 21.3% year over year.
Free cash outflow was $47 million. The company estimates estimate free cash flow between $1.1 and $1.3 billion for 2018
Willis Towers projects adjusted earnings per share to be between $9.88 and $10.12 in 2018. Constant currency revenue growth is estimated to be around 3% and 4% on an organic basis.
What Zacks Rank Says
Willis Towers carries a Zacks Rank #3 (Hold). However, since the latest earnings performance yet to be reflected in the estimate revisions, the rank is subject to change. While things apparently look favorable, it all depends on what sense the just-released report makes to the analysts.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on this Willis Towers Watson earnings report!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>