Willis Towers Watson Public Limited Company ( (WTW) ) has released its Q4 earnings. Here is a breakdown of the information Willis Towers Watson Public Limited Company presented to its investors.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Willis Towers Watson Public Limited Company (WTW) is a global advisory, broking, and solutions company that provides data-driven solutions in the areas of people, risk, and capital, serving clients in over 140 countries.
In its latest earnings report, WTW announced a strong fourth quarter and full-year 2024 financial performance with notable revenue growth and strategic achievements. The company reported a 4% increase in quarterly revenue to $3.0 billion and a 5% growth annually to $9.9 billion, alongside a significant rise in diluted earnings per share.
Key financial highlights included an impressive 105% increase in diluted earnings per share for the quarter, reaching $12.25, and a 17% rise in adjusted diluted earnings per share for the year. The company’s operating margin also saw improvements, with the quarterly margin up by 300 basis points to 29.7%, although the annual margin decreased due to impairment charges. The company emphasized its successful strategic initiatives aimed at enhancing operational efficiency and optimizing its portfolio.
WTW has positioned itself for continued growth in 2025 by completing its Grow, Simplify, and Transform strategy and plans to focus on accelerating performance and creating more value for shareholders. Despite challenges such as divestitures and foreign exchange headwinds, WTW remains optimistic about its strategic and financial goals for the coming years.