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.
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. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Earnings: Willis Towers beats our earnings estimate. Our consensus called for EPS of $1.61, and the company reported EPS of $1.88.
Revenues: Revenues miss estimate. Our consensus called for revenues of $1.94 billion, and the company reported revenues of $1.93 billion.
Key Stats to Note
Income from operations slumped 33% year over year to $88 million in the quarter.
The board of directors approved a 10% increase in dividend to 53 cents per share.
Willis Towers bought back $400 million worth share repurchases in 2016
Willis Towers projects adjusted earnings per share to be between $8.40 and $8.55 in 2017.
Check back later for our full write up on this WLTW earnings report later!
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Willis Towers (WLTW) Beats on Q4 Earnings, Gives View
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.
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. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Earnings: Willis Towers beats our earnings estimate. Our consensus called for EPS of $1.61, and the company reported EPS of $1.88.
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
Revenues: Revenues miss estimate. Our consensus called for revenues of $1.94 billion, and the company reported revenues of $1.93 billion.
Key Stats to Note
Income from operations slumped 33% year over year to $88 million in the quarter.
The board of directors approved a 10% increase in dividend to 53 cents per share.
Willis Towers bought back $400 million worth share repurchases in 2016
Willis Towers projects adjusted earnings per share to be between $8.40 and $8.55 in 2017.
Check back later for our full write up on this WLTW earnings report later!
Zacks' Top 10 Stocks for 2017In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017? Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>