Willis Towers Watson (NASDAQ:WLTW) issued its earnings results on Thursday. The financial services provider reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.18, MarketWatch Earnings reports. The business had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.05 billion. Willis Towers Watson had a return on equity of 14.32% and a net margin of 11.00%. The firm’s revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.78 EPS.
Shares of NASDAQ WLTW opened at $210.01 on Friday. Willis Towers Watson has a twelve month low of $143.34 and a twelve month high of $220.97. The stock’s 50 day moving average price is $199.90 and its 200-day moving average price is $195.54. The company has a market capitalization of $27.04 billion, a PE ratio of 18.50 and a beta of 0.80. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.57.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.68 dividend. The ex-dividend date was Monday, June 29th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.30%. Willis Towers Watson’s payout ratio is presently 24.82%.
Willis Towers Watson Company Profile
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company's Human Capital and Benefits segment offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.
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