Towers Watson & Co Stock Price Up 3.9% After Earnings Beat (TW)
Shares of Towers Watson & Co (NYSE:TW) rose 3.9% during trading on Tuesday following a better than expected earnings announcement, ARN reports. The stock traded as high as $108.44 and last traded at $108.34, with a volume of 423,341 shares. The stock had previously closed at $104.27.
The company reported $1.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.25 by $0.09. The company had revenue of $879.00 million for the quarter, compared to the consensus estimate of $850.84 million.
The stock has a 50-day moving average of $104.1 and a 200-day moving average of $109.4. The company has a market cap of $7.618 billion and a P/E ratio of 20.61.
Towers Watson & Co (NYSE:TW) is a global professional services company.
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