Willis Towers Watson Public (WTW) Set to Announce Earnings on Thursday

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, October 31st. Analysts expect Willis Towers Watson Public to post earnings of $2.68 per share for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.28 by $0.27. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The business had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same period in the prior year, the business earned $2.05 earnings per share. The business's revenue was up 4.9% compared to the same quarter last year. On average, analysts expect Willis Towers Watson Public to post $16 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Willis Towers Watson Public Trading Down 0.5 %

Shares of WTW traded down $1.39 during midday trading on Thursday, reaching $290.53. The company had a trading volume of 397,209 shares, compared to its average volume of 463,067. Willis Towers Watson Public has a 1-year low of $207.25 and a 1-year high of $303.42. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. The firm has a 50 day simple moving average of $290.45 and a 200-day simple moving average of $271.81. The stock has a market cap of $29.51 billion, a PE ratio of 27.80, a price-to-earnings-growth ratio of 1.84 and a beta of 0.74.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $0.88 dividend. The ex-dividend date was Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.21%. Willis Towers Watson Public's dividend payout ratio (DPR) is currently 33.68%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on WTW shares. Morgan Stanley decreased their price objective on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 10th. Roth Mkm upped their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd. Truist Financial upped their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a "buy" rating in a report on Wednesday, October 2nd. Wells Fargo & Company boosted their target price on shares of Willis Towers Watson Public from $321.00 to $334.00 and gave the stock an "overweight" rating in a research note on Thursday, October 3rd. Finally, Barclays assumed coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an "underweight" rating and a $278.00 price objective for the company. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, Willis Towers Watson Public has a consensus rating of "Hold" and a consensus target price of $309.47.

About Willis Towers Watson Public

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.