Willis Towers Watson PLC

Willis Towers Watson Plc engages in the provision of advisory, broking, and solutions services. It operates through the following segments: Human Capital and Benefits (HCB), Corporate Risk and Broking (CRB), Investment, Risk and Reinsurance (IRR), and Benefits Delivery and Administration (BDA). The HCB segment provides advice, broking, solutions, and software for employee benefit plans, human resources organizations, and management teams. The CRB segment offers a range of risk advice, insurance brokerage, and consulting services to clients ranging from small businesses to corporations. The IRR segment focuses on helping clients free up capital and manage investment complexity. The BDA segment covers medical and ancillary benefit exchange and outsourcing services to active employees and retirees across both the group and individual markets. The company was founded in 1828 and is headquartered in London, the United Kingdom.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Willis Towers Watson PLC reports strong Q2 earnings and growth prospects

Willis Towers Watson PLC (WTW) delivered a strong second quarter performance in 2024, showcasing notable margin expansion, revenue growth, and shareholder returns. Despite potential challenges, the company remains confident in meeting its targets and sees opportunities for sustained growth and efficiency.

Willis Towers Watson PLC reports robust Q3 earnings and growth outlook

WTW's Q3 performance reflects strong revenue growth, margin expansion, and operational efficiency, supported by strategic actions and partnerships.
While facing challenges in a dynamic market environment, the company remains well-positioned to capitalize on growth opportunities and deliver value to shareholders.
With a focus on financial targets, transformation savings, and strategic initiatives, WTW aims to drive sustainable growth and profitability in the future.
Investors can expect continued positive momentum from WTW, driven by its solid financial performance and strategic positioning in key market segments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Willis Towers Watson Plc engages in the provision of advisory, broking, and solutions services. It operates through the following segments: Health, Wealth, and Career (HCW), Risk and Broking (R&B), and Corporate and Other. The HCW segment provides an array of advice, broking, solutions, and technology for employee benefit plans, institutional investors, compensation and career programs, and the employee experience overall. The R&B segment focuses on a broad range of risk advice, insurance brokerage, and consulting services to clients globally, ranging from small businesses to multinational corporations. The company was founded in 1828 and is headquartered in London, the United Kingdom.

NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Tyler Adkerson as Growth Leader for Private Equity and Transactional Solutions (PE&TS), Corporate Risk and Broking, North America (CRB NA).

WTW announces Growth Leader for Private Equity and Transactional Solutions (PE&TS)

Willis Towers Watson Public Limited Company (NASDAQ:WTW ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Carl Hess - Chief Executive Officer Andrew Krasner - Chief Financial Officer Conference Call Participants Mitchell Rubin - Raymond James Elyse Greenspan - Wells Fargo Robert Cox - Goldman Sachs Mark Hughes - Truist Securities Charles Sebaski - BMO Peter Newton - Evercore ISI Meyer Shields - KBW Justin Moreno - Barclays Katie Sakys - Autonomous Research Mark Marcon - Baird Operator Good morning. Welcome to the WTW Third Quarter 2024 Earnings Conference Call.

Willis Towers Watson Public Limited Company (WTW) Q3 2024 Earnings Call Transcript

Employees want greater financial wellbeing support, according to WTW research Employees want greater financial wellbeing support, according to WTW research

US employers prioritize wellbeing but miss the mark with employees

Willis Towers Watson Public Limited Company WTW delivered third-quarter 2024 adjusted earnings of $2.93 per share, which beat the Zacks Consensus Estimate by 9.3%.  The bottom line increased 30.8% year over year.

WTW Q3 Earnings Top on Higher Revenues, Transformation Program

The headline numbers for Willis Towers Watson (WTW) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Willis Towers Watson (WTW) Q3 Earnings

Willis Towers Watson (WTW) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of $2.68 per share. This compares to earnings of $2.24 per share a year ago.

Willis Towers Watson (WTW) Surpasses Q3 Earnings and Revenue Estimates

LONDON, Oct. 31, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW) (the “Company”), a leading global advisory, broking and solutions company, today announced financial results for the third quarter ended September 30, 2024.

WTW Reports Third Quarter 2024 Earnings

TOKYO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- WTW, (NASDAQ: WTW), a leading global advisory and broking solutions company, today announced the expansion of its Corporate Risk & Broking (CRB) business in Japan with the launch of an insurance brokerage service. The new service will offer insurance solutions to commercial clients, as well as wholesale facultative reinsurance placement services to partner brokers or agencies in Japan under the entity, WTW Broker Japan Co., Ltd.

WTW expands Japan's Corporate Risk & Broking business with new insurance brokerage service

NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Ashley Hart as Cyber Leader for Private Equity and Transactional Solutions (PE&TS), Corporate Risk and Broking, North America (CRB NA).

WTW announces new Cyber leader for Private Equity and Transactional Solutions

WTW's Q3 performance is likely to have benefited from strong client retention, improved project work, higher commission and fees, offset by escalating expenses.

Is a Beat in the Cards for Willis Towers This Earnings Season?

Evaluate the expected performance of Willis Towers Watson (WTW) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Countdown to Willis Towers Watson (WTW) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

Aflac

Lincoln National

MetLife

Better pricing, exposure growth, accelerated digitalization and sturdy capital are expected to help BRK.B, MET, LNC, WTW and AFL outperform third-quarter earnings estimates.

5 Insurers Poised to Outperform Estimates This Earnings Season

Willis Towers Watson (WTW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Willis Towers Watson (WTW) Reports Next Week: Wall Street Expects Earnings Growth

Willis Towers Watson (WTW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Willis Towers Watson (WTW) Beat Estimates Again in Its Next Earnings Report?

NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- About half of global employers report they are effectively delivering on each of the six individual core objectives of pay programs, despite pay being the most commonly cited reason employees join and stay with an employer. This is according to the 2024 Pay Effectiveness and Design Survey by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company.

Pay still drives employee attraction and retention, but current pay programs fall short

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Total assets under management (AUM) at the world's 500 largest asset managers reached USD 128.0 trillion at the end of 2023, according to new research from leading global advisory, broking and solutions company WTW's (NASDAQ: WTW) Thinking Ahead Institute.

World's largest investment managers see assets hit $128 trillion in return to growth

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- WTW (Nasdaq: WTW), a leading global advisory, broking, and solutions company, announced the launch of its new Structured Auto Buffer London Excess (StABLE) facility, providing an innovative risk financing solution through ‘Swing Plan' structures. This new offering is an innovative dedicated structured Auto Liability solution in the marketplace that supports organizations with managing fleet risks while rewarding them for comprehensive risk management practices and favorable loss performance.

WTW Launches Structured Auto Buffer London Excess Facility to transform fleet risk management

NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Willis Towers Watson US LLC (Nasdaq: WTW), please note that the inaccurate 'Key Price Predictions for 2024' table has been removed. The corrected release is as follows:

CORRECTION -- Commercial insurance market projects stability as rates moderate across most lines of business

NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) -- According to the latest Insurance Marketplace Realities report from WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company, commercial insurance rates have demonstrated balance and stability throughout the year across North America. Jon Drummond, Head of Broking, North America, WTW, commented, “The industry has not categorically rewritten its position on any one line of business, but rather has taken micro-actions reacting to emerging trends.”

Commercial insurance market projects stability as rates moderate across most lines of business

LONDON, Oct. 09, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company today announced a new scientific partnership with the University of Colorado Boulder to transfer scientific advances in seasonal climate prediction to the insurance and risk management industries. Through this collaboration, WTW and its clients will be able to anticipate how weather events will affect their operations and portfolios over the next quarter and prepare for forecasted climate risks.

WTW launches partnership with the University of Colorado Boulder to harness the climate prediction revolution

Arthur J. Gallagher & Co.

Brown & Brown

Marsh & McLennan

Marsh & McLennan, Arthur J. Gallagher, Brown & Brown and Willis Towers Watson Public have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Marsh & McLennan, Arthur J. Gallagher, Brown & Brown and Willis Towers Watson Public

Increased demand for insurance products, given the rising population of baby boomers and millennials, and the adoption of technology should drive insurance brokers like MMC, AJG, BRO and WTW.

4 Insurance Brokerage Stocks to Benefit From Higher Demand

WTW's investment follows a successful strategic alliance since 2022 WTW's investment follows a successful strategic alliance since 2022

WTW acquires stake in atomos, a leading advice-led wealth manager in UK

SINGAPORE, Oct. 03, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced it is further strengthening its Corporate Risk & Broking (CRB) business in the Philippines. Effective 2 January 2025, Gerald M.Dolina (Gary) will join WTW as Head of Philippines, and Head of Corporate Risk & Broking (CRB) Philippines.

WTW announces new leadership in the Philippines to further strengthen its Corporate Risk & Broking business

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced a co-brokerage arrangement with The J. Morey Company, Inc., an Ori-gen family company. Focused on customized risk management solutions and related services, the agreement is intended to align resources to deliver industry-leading brokerage support and tailored insurance solutions to North American exposures of companies with headquarters in Japan.

News for Willis Towers Watson PLC Stock (WTW)