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Willis Towers Watson(WTW) - 2024 Q3 - Quarterly Results
2024-10-31 10:00
EXHIBIT 99.1 WTW Reports Third Quarter 2024 Earnings Revenue increased 6% to $2.3 billion for the quarter with organic growth of 6% for the quarter Diluted Loss per Share was $16.44 for the quarter Adjusted Diluted Earnings per Share were $2.93 for the quarter, up 31% from prior year Operating Margin was (33.5)% for the quarter Adjusted Operating Margin was 18.1% for the quarter, up 190 basis points from prior year LONDON, Oct. 31, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW) (the "Company"), a leading global ...
WTW Reports Third Quarter 2024 Earnings
GlobeNewswire News Room· 2024-10-31 10:00
Revenue1 increased 6% to $2.3 billion for the quarter with organic growth of 6% for the quarter Diluted Loss2 per Share was $16.44 for the quarter Adjusted Diluted Earnings per Share were $2.93 for the quarter, up 31% from prior year Operating Margin2 was (33.5)% for the quarter Adjusted Operating Margin was 18.1% for the quarter, up 190 basis points from prior year LONDON, Oct. 31, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW) (the "Company"), a leading global advisory, broking and solutions company, today an ...
WTW expands Japan's Corporate Risk & Broking business with new insurance brokerage service
GlobeNewswire News Room· 2024-10-29 06:00
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. Ryohei (Roy) Nakazawa, Head of WTW Jap ...
Is a Beat in the Cards for Willis Towers This Earnings Season?
ZACKS· 2024-10-28 14:35
Willis Towers Watson Public Limited Company (WTW) is slated to report third-quarter 2024 earnings on Oct. 31, before market open. The insurer delivered an earnings surprise in each of the last four quarters, the average beat being 7.06%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Factors at Play Revenues in the third quarter are likely to have benefited from strong performances across all the segments. The Zacks Consensus Estimate of $2.28 billion indicates an increase of 5.2% ...
Countdown to Willis Towers Watson (WTW) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-10-28 14:21
In its upcoming report, Willis Towers Watson (WTW) is predicted by Wall Street analysts to post quarterly earnings of $2.68 per share, reflecting an increase of 19.6% compared to the same period last year. Revenues are forecasted to be $2.28 billion, representing a year-over-year increase of 5.3%. The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their ...
Will Willis Towers Watson (WTW) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-23 17:16
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Willis Towers Watson (WTW) . This company, which is in the Zacks Insurance - Brokerage industry, shows potential for another earnings beat.When looking at the last two reports, this advisory, broking and solutions company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.17%, ...
Pay still drives employee attraction and retention, but current pay programs fall short
GlobeNewswire News Room· 2024-10-23 13:45
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. The survey found that of the six core objectives related to pay program effectiveness — driving em ...
World's largest investment managers see assets hit $128 trillion in return to growth
GlobeNewswire News Room· 2024-10-21 16:06
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. Despite not yet reaching 2021 levels, this amounts to 12.5% annual growth and marks a significant recovery from the major correction the year before (AUM dropped by $18 trillion in 2022). The research also revea ...
WTW Launches Structured Auto Buffer London Excess Facility to transform fleet risk management
GlobeNewswire News Room· 2024-10-21 13:52
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 ...
WTW launches partnership with the University of Colorado Boulder to harness the climate prediction revolution
GlobeNewswire News Room· 2024-10-09 12:48
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 r ...