Wall Street brokerages expect that Willis Towers Watson PLC (NASDAQ:WLTW) will report earnings per share (EPS) of $2.11 for the current quarter, Zacks Investment Research reports. Eight analysts have issued estimates for Willis Towers Watson’s earnings. The lowest EPS estimate is $1.91 and the highest is $2.22. Willis Towers Watson reported earnings per share of $1.88 during the same quarter last year, which suggests a positive year over year growth rate of 12.2%. The business is expected to issue its next earnings report on Thursday, February 8th.

On average, analysts expect that Willis Towers Watson will report full-year earnings of $8.41 per share for the current year, with EPS estimates ranging from $8.27 to $8.49. For the next year, analysts anticipate that the business will post earnings of $9.80 per share, with EPS estimates ranging from $9.45 to $10.10. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Willis Towers Watson.

Willis Towers Watson (NASDAQ:WLTW) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.01). Willis Towers Watson had a net margin of 4.43% and a return on equity of 10.93%. The business had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period last year, the firm posted $1.04 earnings per share. Willis Towers Watson’s quarterly revenue was up 4.0% on a year-over-year basis.

Several research firms have recently issued reports on WLTW. BidaskClub raised Willis Towers Watson from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. ValuEngine cut Willis Towers Watson from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Keefe, Bruyette & Woods reissued a “buy” rating and set a $164.00 target price on shares of Willis Towers Watson in a research note on Thursday, October 12th. Robert W. Baird reissued a “buy” rating and set a $167.00 target price on shares of Willis Towers Watson in a research note on Friday, November 3rd. Finally, Wells Fargo & Co reissued a “sell” rating and set a $124.00 target price on shares of Willis Towers Watson in a research note on Thursday, November 2nd. Three analysts have rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $157.27.

In other news, CFO Michael J. Burwell purchased 3,100 shares of Willis Towers Watson stock in a transaction that occurred on Monday, November 6th. The shares were bought at an average cost of $160.10 per share, with a total value of $496,310.00. Following the completion of the purchase, the chief financial officer now directly owns 3,100 shares in the company, valued at $496,310. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeffrey W. Ubben sold 55,717 shares of the company’s stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of $156.04, for a total value of $8,694,080.68. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 766,827 shares of company stock worth $121,525,302. 6.70% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of the stock. AustralianSuper Pty Ltd purchased a new stake in Willis Towers Watson in the third quarter worth $22,009,000. Parametric Portfolio Associates LLC grew its stake in shares of Willis Towers Watson by 17.8% in the third quarter. Parametric Portfolio Associates LLC now owns 144,088 shares of the financial services provider’s stock worth $22,223,000 after acquiring an additional 21,803 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Willis Towers Watson by 3.9% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,083,748 shares of the financial services provider’s stock worth $321,377,000 after acquiring an additional 77,936 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Willis Towers Watson in the third quarter worth $595,000. Finally, Westport Asset Management Inc. grew its stake in shares of Willis Towers Watson by 35.8% in the third quarter. Westport Asset Management Inc. now owns 97,285 shares of the financial services provider’s stock worth $15,004,000 after acquiring an additional 25,657 shares during the last quarter. 94.36% of the stock is currently owned by institutional investors.

Willis Towers Watson (WLTW) traded up $1.52 on Friday, hitting $151.26. The stock had a trading volume of 800,800 shares, compared to its average volume of 796,600. 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 has a 52-week low of $120.87 and a 52-week high of $165.00. The stock has a market capitalization of $19,771.49, a PE ratio of 58.40, a PEG ratio of 1.50 and a beta of 0.90.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Sunday, December 31st will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.12 annualized dividend and a yield of 1.40%. Willis Towers Watson’s payout ratio is 81.85%.

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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.

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

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