Published on 7 Mar 2024 on Zacks via Yahoo Finance
Why Is Willis Towers Watson (WTW) Up 1.1% Since Last Earnings Report?
A month has gone by since the last earnings report for Willis Towers Watson (WTW). Shares have added about 1.1% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Willis Towers Watson due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
Willis Towers Q4 Earnings Top Estimates, Revenues Up Y/YWillis Towers Watson Public Limited Company delivered fourth-quarter 2023 adjusted earnings of $7.44 per share, which beat the Zacks Consensus Estimate by 5.7%. The bottom line increased 17.5% year over year. WTW witnessed an increase in revenues and expanded operating margins at the Health, Wealth & Career and Risk & Broking segments, as well as improved adjusted operating income, offset by higher expenses.