Wall Street brokerages expect Willis Towers Watson Public Limited Company (NASDAQ:WLTW) to report $1.99 billion in sales for the current quarter, according to Zacks. Eight analysts have issued estimates for Willis Towers Watson Public Limited’s earnings. The lowest sales estimate is $1.95 billion and the highest is $2.02 billion. Willis Towers Watson Public Limited posted sales of $1.93 billion in the same quarter last year, which suggests a positive year over year growth rate of 3.1%. The firm is scheduled to announce its next quarterly earnings results on Thursday, February 8th.

On average, analysts expect that Willis Towers Watson Public Limited will report full year sales of $1.99 billion for the current financial year, with estimates ranging from $8.08 billion to $8.14 billion. For the next year, analysts forecast that the firm will post sales of $8.38 billion per share, with estimates ranging from $8.20 billion to $8.51 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that that provide coverage for Willis Towers Watson Public Limited.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last issued its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $1.12 EPS for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.01). Willis Towers Watson Public Limited had a net margin of 4.43% and a return on equity of 10.93%. The firm had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same period in the prior year, the company earned $1.04 earnings per share. The business’s quarterly revenue was up 4.0% compared to the same quarter last year.

WLTW has been the topic of a number of research reports. BidaskClub lowered Willis Towers Watson Public Limited from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 21st. Robert W. Baird reiterated a “buy” rating and set a $167.00 target price on shares of Willis Towers Watson Public Limited in a research report on Tuesday, September 12th. ValuEngine upgraded Willis Towers Watson Public Limited from a “hold” rating to a “buy” rating in a research report on Friday, September 8th. Jefferies Group LLC reiterated a “buy” rating and set a $176.00 target price on shares of Willis Towers Watson Public Limited in a research report on Tuesday, September 5th. Finally, Citigroup Inc. cut their target price on Willis Towers Watson Public Limited from $174.00 to $173.00 and set a “buy” rating for the company in a research report on Monday, August 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and sixteen have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $155.80.

In other news, CFO Michael J. Burwell bought 3,100 shares of the company’s stock in a transaction on Monday, November 6th. The stock was purchased at an average cost of $160.10 per share, for a total transaction of $496,310.00. Following the completion of the transaction, the chief financial officer now owns 3,100 shares of the company’s stock, valued at $496,310. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jeffrey W. Ubben sold 8,118 shares of the stock in a transaction dated Friday, October 6th. The shares were sold at an average price of $156.05, for a total value of $1,266,813.90. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,514,295 shares of company stock valued at $533,070,133. 6.70% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the business. Cubist Systematic Strategies LLC bought a new position in Willis Towers Watson Public Limited in the third quarter valued at about $2,541,000. Crestline Management LP raised its position in Willis Towers Watson Public Limited by 376.1% in the third quarter. Crestline Management LP now owns 47,216 shares of the financial services provider’s stock valued at $7,282,000 after purchasing an additional 37,299 shares during the last quarter. Jane Street Group LLC raised its position in Willis Towers Watson Public Limited by 68.6% in the third quarter. Jane Street Group LLC now owns 9,085 shares of the financial services provider’s stock valued at $1,401,000 after purchasing an additional 3,698 shares during the last quarter. Vident Investment Advisory LLC bought a new position in Willis Towers Watson Public Limited in the third quarter valued at about $365,000. Finally, Cornerstone Capital Management Holdings LLC. raised its position in Willis Towers Watson Public Limited by 5.0% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 23,054 shares of the financial services provider’s stock valued at $3,555,000 after purchasing an additional 1,089 shares during the last quarter. Hedge funds and other institutional investors own 95.66% of the company’s stock.

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Willis Towers Watson Public Limited (NASDAQ:WLTW) opened at $162.03 on Wednesday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.45. Willis Towers Watson Public Limited has a 1-year low of $119.70 and a 1-year high of $165.00. The company has a market capitalization of $21,333.51, a price-to-earnings ratio of 19.80, a price-to-earnings-growth ratio of 1.93 and a beta of 0.91.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were given a dividend of $0.53 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $2.12 annualized dividend and a dividend yield of 1.31%. Willis Towers Watson Public Limited’s dividend payout ratio is currently 81.85%.

About Willis Towers Watson Public Limited

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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