Wall Street analysts expect Willis Towers Watson PLC (NASDAQ:WLTW) to report earnings per share of $1.76 for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Willis Towers Watson’s earnings. The highest EPS estimate is $1.86 and the lowest is $1.68. Willis Towers Watson posted earnings of $1.70 per share in the same quarter last year, which would suggest a positive year over year growth rate of 3.5%. The business is scheduled to announce its next earnings report before the market opens on Wednesday, July 31st.
According to Zacks, analysts expect that Willis Towers Watson will report full year earnings of $10.76 per share for the current fiscal year, with EPS estimates ranging from $10.55 to $11.00. For the next fiscal year, analysts anticipate that the company will post earnings of $11.82 per share, with EPS estimates ranging from $11.48 to $12.05. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover Willis Towers Watson.
Willis Towers Watson (NASDAQ:WLTW) last announced its quarterly earnings data on Wednesday, May 1st. The financial services provider reported $2.98 EPS for the quarter, missing the Zacks’ consensus estimate of $2.99 by ($0.01). The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.37 billion. Willis Towers Watson had a return on equity of 12.89% and a net margin of 8.99%. Willis Towers Watson’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.71 earnings per share.
WLTW traded down $2.46 during midday trading on Wednesday, reaching $195.03. 405,100 shares of the company were exchanged, compared to its average volume of 618,353. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.54. Willis Towers Watson has a one year low of $134.50 and a one year high of $198.35. The firm has a market cap of $25.52 billion, a PE ratio of 20.04, a P/E/G ratio of 1.74 and a beta of 0.83. The company’s 50-day simple moving average is $189.56.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Sunday, June 30th were issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend was Thursday, June 27th. Willis Towers Watson’s dividend payout ratio (DPR) is presently 26.72%.
In other news, Director Anna C. Catalano sold 1,110 shares of Willis Towers Watson stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $180.35, for a total transaction of $200,188.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.75% of the company’s stock.
Several large investors have recently added to or reduced their stakes in WLTW. First Hawaiian Bank lifted its stake in Willis Towers Watson by 5,000.0% in the 1st quarter. First Hawaiian Bank now owns 153 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 150 shares in the last quarter. Investors Research Corp bought a new stake in Willis Towers Watson in the 1st quarter valued at approximately $27,000. Bessemer Group Inc. lifted its stake in Willis Towers Watson by 86.2% in the 4th quarter. Bessemer Group Inc. now owns 324 shares of the financial services provider’s stock valued at $49,000 after acquiring an additional 150 shares in the last quarter. YorkBridge Wealth Partners LLC bought a new stake in Willis Towers Watson in the 1st quarter valued at approximately $82,000. Finally, Botty Investors LLC lifted its stake in Willis Towers Watson by 14.5% in the 1st quarter. Botty Investors LLC now owns 475 shares of the financial services provider’s stock valued at $84,000 after acquiring an additional 60 shares in the last quarter. Institutional investors and hedge funds own 91.65% of the company’s stock.
About Willis Towers Watson
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company's Human Capital and Benefits segment offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.
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