Willis Towers Watson plc, is a leading global advisory, broking and solutions company. The company caters to large companies and mid-market and small businesses across the world. Notably, this is the first quarter in which the company will report its earnings after the merger of Willis Group and Towers Watson.
Willis Towers is set to deliver $4.7 billion in long-term shareholder value via incremental revenue growth, cost synergies, and tax efficiencies besides unlocking balance sheet capacity. Strategic acquisitions, prudent capital management are positives for the company.
However, adverse forex, exposure to soft interest rate environment are headwinds faced by the company.
Currently, Willis Towers has a Zacks Rank #3 (Hold), but that could definitely change following Cigna earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Willis Towers beats our earnings estimate. Our consensus called for EPS of $1.59, and the company reported EPS of $1.66.
Key Stats to Note:
Adjusted revenues improved 8.9% year over year to $1.97 billion.
Income from operations declined 20% to $136 million.
Willis Towers projects adjusted earnings per share to be between $7.60 and $7.80.
Check back later for our full write up on this WLTW earnings report later!
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Willis Towers Watson plc, is a leading global advisory, broking and solutions company. The company caters to large companies and mid-market and small businesses across the world. Notably, this is the first quarter in which the company will report its earnings after the merger of Willis Group and Towers Watson.
Willis Towers is set to deliver $4.7 billion in long-term shareholder value via incremental revenue growth, cost synergies, and tax efficiencies besides unlocking balance sheet capacity. Strategic acquisitions, prudent capital management are positives for the company.
However, adverse forex, exposure to soft interest rate environment are headwinds faced by the company.
Currently, Willis Towers has a Zacks Rank #3 (Hold), but that could definitely change following Cigna earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Willis Towers beats our earnings estimate. Our consensus called for EPS of $1.59, and the company reported EPS of $1.66.
Key Stats to Note:
Adjusted revenues improved 8.9% year over year to $1.97 billion.
Income from operations declined 20% to $136 million.
Willis Towers projects adjusted earnings per share to be between $7.60 and $7.80.
Check back later for our full write up on this WLTW earnings report later!
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>