Willis Towers Watson: 2Q Earnings Snapshot
LONDON (AP) _ Willis Towers Watson PLC (WLTW) on Wednesday reported second-quarter profit of $138 million.
On a per-share basis, the London-based company said it had profit of $1.06. Earnings, adjusted for amortization costs, were $1.78 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.76 per share.
The advisory, broking and solutions company posted revenue of $2.05 billion in the period, which met Street forecasts.
Willis Towers Watson expects full-year earnings in the range of $10.75 to $11.10 per share.
Willis Towers Watson shares have risen 30% since the beginning of the year. The stock has risen 24% in the last 12 months.