$2.11 Earnings Per Share Expected for Willis Towers Watson PLC (WLTW) This Quarter

Equities analysts expect Willis Towers Watson PLC (NASDAQ:WLTW) to post earnings per share (EPS) of $2.11 for the current quarter, according to Zacks. Eight analysts have provided estimates for Willis Towers Watson’s earnings, with estimates ranging from $1.91 to $2.22. Willis Towers Watson reported earnings per share of $1.88 in the same quarter last year, which suggests a positive year over year growth rate of 12.2%. The company is scheduled to issue its next earnings report before the market opens on Thursday, February 8th.

According to Zacks, 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 fiscal year, analysts anticipate that the firm will post earnings of $9.78 per share, with EPS estimates ranging from $9.37 to $10.10. Zacks Investment Research’s earnings per share calculations are a mean 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 EPS for the quarter, missing the Zacks’ 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 firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the previous year, the company earned $1.04 EPS. The company’s revenue was up 4.0% on a year-over-year basis.

A number of equities research analysts recently commented on the stock. Wells Fargo & Co reissued a “hold” rating and set a $154.00 target price on shares of Willis Towers Watson in a research report on Wednesday, January 10th. BidaskClub cut shares of Willis Towers Watson from a “hold” rating to a “sell” rating in a report on Friday, December 22nd. ValuEngine cut shares of Willis Towers Watson from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $164.00 price target on shares of Willis Towers Watson in a report on Thursday, October 12th. Finally, William Blair cut shares of Willis Towers Watson from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 16th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $160.29.

Willis Towers Watson (WLTW) traded up $0.33 during trading hours on Monday, reaching $153.89. 448,400 shares of the company were exchanged, compared to its average volume of 683,231. Willis Towers Watson has a 12 month low of $120.87 and a 12 month high of $165.00. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.97 and a quick ratio of 1.97. The stock has a market capitalization of $20,790.00, a PE ratio of 45.66, a price-to-earnings-growth ratio of 1.54 and a beta of 0.91.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Sunday, December 31st were paid a $0.53 dividend. The ex-dividend date was Thursday, December 28th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.38%. Willis Towers Watson’s payout ratio is currently 62.91%.

In other news, Director Jeffrey W. Ubben sold 320,000 shares of the stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $161.15, for a total value of $51,568,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Michael J. Burwell acquired 3,100 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was acquired at an average price of $160.10 per share, for a total transaction of $496,310.00. Following the purchase, the chief financial officer now directly owns 3,100 shares of the company’s stock, valued at $496,310. The disclosure for this purchase can be found here. 6.70% of the stock is owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the stock. California Public Employees Retirement System grew its position in Willis Towers Watson by 7.5% during the third quarter. California Public Employees Retirement System now owns 283,063 shares of the financial services provider’s stock valued at $43,657,000 after buying an additional 19,836 shares during the period. Nomura Asset Management Co. Ltd. grew its position in Willis Towers Watson by 7.2% during the third quarter. Nomura Asset Management Co. Ltd. now owns 17,293 shares of the financial services provider’s stock valued at $2,668,000 after buying an additional 1,165 shares during the period. Parametric Portfolio Associates LLC grew its position in Willis Towers Watson by 17.8% during the third quarter. Parametric Portfolio Associates LLC now owns 144,088 shares of the financial services provider’s stock valued at $22,223,000 after buying an additional 21,803 shares during the period. Toronto Dominion Bank grew its position in Willis Towers Watson by 17.7% during the third quarter. Toronto Dominion Bank now owns 50,692 shares of the financial services provider’s stock valued at $7,817,000 after buying an additional 7,610 shares during the period. Finally, Chevy Chase Trust Holdings Inc. grew its position in Willis Towers Watson by 7.0% during the third quarter. Chevy Chase Trust Holdings Inc. now owns 117,486 shares of the financial services provider’s stock valued at $18,120,000 after buying an additional 7,644 shares during the period. Institutional investors own 94.34% of the company’s stock.

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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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