06.02.2024 12:33:33 - dpa-AFX: ROUNDUP: Willis Towers Watson Q4 Profit Up, Beats Estimates; Sees Annual Earnings In Line With View

LONDON (dpa-AFX) - (Adds Outlook)

Willis Towers Watson Public Limited Company (WTW) released earnings for its
fourth quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $622 million, or $5.97 per share. This
compares with $588 million, or $5.40 per share, in last year's fourth quarter.

Excluding items, Willis Towers Watson Public Limited Company reported adjusted
earnings of $775 million or $7.44 per share for the period.

Analysts on average had expected the company to earn $7.05 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 7.0% to $2.91 billion from $2.72
billion last year.

Outlook:

Looking ahead, for the full year, Willis Towers initiated earnings outlook in
line with estimates.  The company expects to post annual adjusted income per
share of $15.40 to $17.

On average, 17 analysts polled by Thomson Reuters expect the firm to earn income
per share of $16.21, for the year. Analysts' estimates typically exclude special
items.

The firm projects to deliver annual revenue of $9.9 billion or greater and
mid-single digit organic revenue growth. Analysts, on average, forecast the
company to report revenue of $9.97 billion, for the year.


Willis Towers Watson Public Limited Company Q4 earnings at a glance (GAAP) :

-Earnings (Q4): $622 Mln. vs. $588 Mln. last year.
-EPS (Q4): $5.97 vs. $5.40 last year.
-Analyst Estimate: $7.05
-Revenue (Q4): $2.91 Bln vs. $2.72 Bln last year.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
WILLIS TOWERS WATSON A2AC3K Frankfurt 234,000 03.06.24 08:05:44 +4,000 +1,74% 0,000 0,000 234,000 230,000

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