Willis Towers Watson Public Limited Company (WLTW) Expected to Post Quarterly Sales of $1.99 Billion

Equities analysts expect that Willis Towers Watson Public Limited Company (NASDAQ:WLTW) will post $1.99 billion in sales for the current quarter, according to Zacks. Eight analysts have made estimates for Willis Towers Watson Public Limited’s earnings, with the lowest sales estimate coming in at $1.95 billion and the highest estimate coming in at $2.02 billion. Willis Towers Watson Public Limited posted sales of $1.93 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 3.1%. The company is scheduled to announce its next quarterly earnings report on Thursday, February 8th.

According to Zacks, analysts expect that Willis Towers Watson Public Limited will report full-year sales of $1.99 billion for the current year, with estimates ranging from $8.08 billion to $8.14 billion. For the next year, analysts anticipate that the firm will post sales of $8.38 billion per share, with estimates ranging from $8.20 billion to $8.51 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that cover Willis Towers Watson Public Limited.

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

A number of equities research analysts recently weighed in on WLTW shares. Robert W. Baird reaffirmed a “buy” rating and set a $167.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Friday, November 3rd. ValuEngine raised Willis Towers Watson Public Limited from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Wells Fargo & Company reaffirmed a “sell” rating and set a $124.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Thursday, November 2nd. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $182.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Friday, October 6th. Finally, Barclays PLC raised their price objective on Willis Towers Watson Public Limited from $171.00 to $174.00 and gave the company an “overweight” rating in a research report on Monday, October 16th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $155.80.

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Shares of Willis Towers Watson Public Limited (NASDAQ WLTW) traded up $0.14 during mid-day trading on Wednesday, reaching $160.07. The company had a trading volume of 1,322,415 shares, compared to its average volume of 809,988. Willis Towers Watson Public Limited has a 12 month low of $119.70 and a 12 month high of $165.00. The company has a market capitalization of $21,480.00, a P/E ratio of 19.86, a P/E/G ratio of 1.93 and a beta of 0.92. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.97 and a current ratio of 1.97.

In other news, insider Jeffrey W. Ubben sold 650,000 shares of the firm’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $149.34, for a total value of $97,071,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Michael J. Burwell acquired 3,100 shares of Willis Towers Watson Public Limited stock in a transaction dated Monday, November 6th. The stock was purchased at an average price of $160.10 per share, with a total value of $496,310.00. Following the completion of the purchase, the chief financial officer now owns 3,100 shares of the company’s stock, valued at $496,310. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 3,514,295 shares of company stock valued at $533,070,133. Company insiders own 6.70% of the company’s stock.

Large investors have recently made changes to their positions in the company. Great West Life Assurance Co. Can raised its stake in shares of Willis Towers Watson Public Limited by 11.8% in the second quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock worth $100,000 after purchasing an additional 73 shares during the last quarter. Commonwealth Bank of Australia grew its holdings in Willis Towers Watson Public Limited by 12.1% during the second quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock worth $100,000 after acquiring an additional 75 shares during the period. Advisor Group Inc. grew its holdings in Willis Towers Watson Public Limited by 30.2% during the second quarter. Advisor Group Inc. now owns 699 shares of the financial services provider’s stock worth $101,000 after acquiring an additional 162 shares during the period. Dupont Capital Management Corp acquired a new stake in Willis Towers Watson Public Limited during the second quarter worth about $106,000. Finally, Advisors Asset Management Inc. grew its holdings in Willis Towers Watson Public Limited by 77.2% during the second quarter. Advisors Asset Management Inc. now owns 909 shares of the financial services provider’s stock worth $132,000 after acquiring an additional 396 shares during the period. Hedge funds and other institutional investors own 95.66% of the company’s stock.

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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