Equities analysts expect that Willis Towers Watson Public Limited Company (NASDAQ:WLTW) will report $1.84 billion in sales for the current quarter, according to Zacks. Eight analysts have issued estimates for Willis Towers Watson Public Limited’s earnings, with estimates ranging from $1.80 billion to $1.86 billion. Willis Towers Watson Public Limited reported sales of $1.78 billion in the same quarter last year, which would suggest a positive year over year growth rate of 3.4%. The business is scheduled to announce its next quarterly earnings results before the market opens on Thursday, November 2nd.

According to Zacks, analysts expect that Willis Towers Watson Public Limited will report full-year sales of $1.84 billion for the current fiscal year, with estimates ranging from $7.97 billion to $8.15 billion. For the next financial year, analysts anticipate that the firm will report sales of $8.36 billion per share, with estimates ranging from $8.20 billion to $8.52 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Willis Towers Watson Public Limited.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last issued its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.45 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by ($0.03). Willis Towers Watson Public Limited had a return on equity of 10.63% and a net margin of 4.75%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter last year, the company posted $1.66 earnings per share. The firm’s revenue for the quarter was up .2% compared to the same quarter last year.

WLTW has been the subject of several research analyst reports. Barclays PLC lifted their target price on Willis Towers Watson Public Limited from $154.00 to $171.00 and gave the stock an “overweight” rating in a research report on Friday, June 30th. Morgan Stanley reiterated an “overweight” rating and set a $160.00 target price (up from $150.00) on shares of Willis Towers Watson Public Limited in a research report on Friday, July 7th. Deutsche Bank AG reiterated a “sell” rating and set a $121.00 target price on shares of Willis Towers Watson Public Limited in a research report on Monday, July 10th. Zacks Investment Research downgraded Willis Towers Watson Public Limited from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Finally, Citigroup Inc lifted their target price on Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the stock a “buy” rating in a research report on Thursday, July 13th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Willis Towers Watson Public Limited currently has an average rating of “Buy” and an average price target of $158.07.

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In other Willis Towers Watson Public Limited news, insider Jeffrey W. Ubben sold 287,532 shares of the business’s stock in a transaction dated Friday, October 13th. The shares were sold at an average price of $156.74, for a total value of $45,067,765.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeffrey W. Ubben sold 206,000 shares of the business’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $148.02, for a total transaction of $30,492,120.00. The disclosure for this sale can be found here. Insiders sold 4,845,295 shares of company stock valued at $728,949,063 over the last quarter. 6.70% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in the business. Aperio Group LLC raised its holdings in Willis Towers Watson Public Limited by 17.2% in the third quarter. Aperio Group LLC now owns 20,826 shares of the financial services provider’s stock worth $3,212,000 after purchasing an additional 3,051 shares in the last quarter. First Trust Advisors LP bought a new position in Willis Towers Watson Public Limited in the third quarter worth about $4,228,000. Oakbrook Investments LLC bought a new position in Willis Towers Watson Public Limited in the third quarter worth about $875,000. PGGM Investments bought a new position in Willis Towers Watson Public Limited in the third quarter worth about $28,936,000. Finally, Quantitative Systematic Strategies LLC bought a new position in Willis Towers Watson Public Limited in the third quarter worth about $1,405,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Shares of Willis Towers Watson Public Limited (WLTW) traded down 0.26% on Thursday, reaching $162.82. 505,420 shares of the company’s stock traded hands. The stock has a 50-day moving average of $155.35 and a 200 day moving average of $146.92. Willis Towers Watson Public Limited has a 12-month low of $112.76 and a 12-month high of $164.58. The firm has a market cap of $21.86 billion, a P/E ratio of 46.09 and a beta of 0.95.

The company also recently announced a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Saturday, September 30th were issued a $0.53 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $2.12 dividend on an annualized basis and a yield of 1.30%. Willis Towers Watson Public Limited’s dividend payout ratio is presently 76.81%.

Willis Towers Watson Public Limited 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.

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Earnings History and Estimates for Willis Towers Watson Public Limited (NASDAQ:WLTW)

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