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Willis Towers Watson (WTW)
NASDAQ:WTW
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$8Last Year’s EPS
$7.44Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: 4.75%
|Next Earnings Date:Feb 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong financial performance with significant organic growth, margin expansion, and strategic advancements. However, challenges related to the TRANZACT sale and tempered demand in some consulting areas posed concerns. Overall, the positive aspects of growth and strategic direction outweighed the negatives.Company Guidance
During the WTW Third Quarter 2024 Earnings Call, the company reported significant metrics that underscored their performance and strategic progress. Notably, WTW achieved a 6% organic revenue growth, driven by a 10% increase in Risk & Broking and a 4% rise in the Health, Wealth, and Career (HWC) segment. The adjusted operating margin expanded by 190 basis points year-over-year to 18.1%, reflecting effective cost management and strategic transformations. Adjusted diluted earnings per share saw a substantial increase of 31% compared to Q3 2023, reaching $2.93. Additionally, WTW generated a free cash flow of $807 million for the nine months ending September 30, marking a 14% year-over-year increase. The guidance emphasized continued confidence in achieving 2024 targets, supported by favorable demand conditions and strategic investments in talent and technology, which are expected to further enhance productivity and performance.Strong Organic Revenue Growth
WTW delivered 6% organic revenue growth, driven by 10% organic growth in Risk & Broking and 4% in HWC.
Adjusted Operating Margin Expansion
Adjusted operating margin expanded by 190 basis points year-over-year to 18.1%, driven by operating leverage and cost discipline.
Significant Increase in Earnings Per Share
Adjusted diluted earnings per share increased by 31% to $2.93 compared to the third quarter of 2023.
Free Cash Flow Growth
Generated free cash flow of $807 million for the 9 months ended September 30, up 14% year-over-year.
Strategic Partnerships and Product Innovations
Announced several strategic partnerships and introduced new solutions, enhancing specialization and market offerings.
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WTW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WTW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $292.72 | $301.34 | +2.94% |
| Jul 25, 2024 | $265.45 | $275.99 | +3.97% |
| Apr 25, 2024 | $262.07 | $254.58 | -2.86% |
| Feb 06, 2024 | $247.38 | $265.15 | +7.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Willis Towers Watson (WTW) report earnings?
Willis Towers Watson (WTW) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Willis Towers Watson (WTW) earnings time?
Willis Towers Watson (WTW) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WTW EPS forecast?
WTW EPS forecast for the fiscal quarter 2024 (Q4) is $8.
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