- Willis Towers’ Q2 Adjusted EPS is $2.55, beating the estimate of $2.31.
- Revenue met the estimate at $2.27 billion.
- Health, Wealth & Career segment revenue was $1.26 billion, slightly below the $1.28 billion estimate.
- Risk & Broking segment revenue was $979 million, exceeding the $964.7 million estimate.
- Overall organic revenue grew by 6%, surpassing the 5.93% estimate.
- Health, Wealth & Career organic change was +4%, lower than the estimated +5.23%.
- Risk & Broking organic change was +10%, higher than the estimated +6.66%.
- Adjusted operating margin stood at 17%, better than the estimated 15.3%.
- Health, Wealth & Career operating margin was +21.9%, above the 19.2% estimate.
- Risk & Broking operating margin was +20.6%, higher than the 18% estimate.
- The company raised the low end of its 2024 target ranges for adjusted operating margin to 23.0%-23.5% and adjusted EPS to $16.00-$17.00.
- Increased the annual cost savings target.
- Analyst ratings: 11 buys, 10 holds, and 0 sells.
A look at Willis Towers Watson Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Willis Towers Watson, a global advisory and solutions company, is projected to have a promising long-term outlook based on its Smartkarma Smart Scores. With a growth score of 4 and momentum score of 3, the company is positioned to expand and progress steadily in the future. These scores indicate a positive trajectory for its future performance and market presence.
While the value, dividend, and resilience scores are not as high, the strong emphasis on growth and momentum suggests that Willis Towers Watson has the potential to capitalize on emerging opportunities and navigate challenges effectively. As a company that provides a variety of insurance brokerage, reinsurance, and risk management consulting services to a diverse global clientele, its strategic positioning and growth prospects bode well for its future success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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