Willis Towers Watson (NASDAQ:WLTW) issued an update on its FY18 earnings guidance on Thursday morning. The company provided earnings per share guidance of $9.88-10.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $9.79.
Willis Towers Watson (NASDAQ WLTW) traded up $0.98 during midday trading on Friday, reaching $153.34. 53,533 shares of the company’s stock traded hands, compared to its average volume of 627,160. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.45. Willis Towers Watson has a twelve month low of $121.19 and a twelve month high of $165.00. The stock has a market capitalization of $20,780.27, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 1.58 and a beta of 0.90.
Willis Towers Watson (NASDAQ:WLTW) last posted its quarterly earnings results on Thursday, February 8th. The financial services provider reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.10. Willis Towers Watson had a net margin of 4.43% and a return on equity of 10.93%. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same period in the prior year, the business posted $1.88 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. equities analysts expect that Willis Towers Watson will post 8.41 earnings per share for the current year.
A number of research firms have recently weighed in on WLTW. Wells Fargo & Co reiterated a hold rating and set a $154.00 target price on shares of Willis Towers Watson in a report on Thursday. Keefe, Bruyette & Woods reiterated a buy rating and set a $164.00 target price on shares of Willis Towers Watson in a report on Thursday, October 12th. Zacks Investment Research lowered shares of Willis Towers Watson from a hold rating to a strong sell rating in a report on Saturday, February 3rd. Robert W. Baird reiterated a buy rating and set a $167.00 target price on shares of Willis Towers Watson in a report on Friday, November 3rd. Finally, Goldman Sachs Group began coverage on shares of Willis Towers Watson in a report on Monday, December 4th. They set a sell rating and a $153.00 target price for the company. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating to the company. Willis Towers Watson has an average rating of Buy and a consensus target price of $165.08.
TRADEMARK VIOLATION NOTICE: “Willis Towers Watson (WLTW) Updates FY18 Earnings Guidance” was published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The original version of this report can be accessed at https://sportsperspectives.com/2018/02/09/willis-towers-watson-wltw-updates-fy18-earnings-guidance.html.
Willis Towers Watson Company Profile
Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.
Receive News & Ratings for Willis Towers Watson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson and related companies with MarketBeat.com's FREE daily email newsletter.