Willis Towers Watson PLC (WLTW) reported quarterly earnings results on Friday, May-6-2016. The company said it had a profit of $3.41 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.58. Analysts had a consensus of $2.83. The company posted revenue of $2234.00 million in the period, compared to analysts expectations of $2218.31 million. The company’s revenue was up 105.5% compared to the same quarter last year.
Many Wall Street Analysts have commented on Willis Towers Watson PLC. Shares were Reiterated by MKM Partners on Mar 31, 2016 to “Buy” and Lowered the Price Target to $ 140 from a previous price target of $155 .Company shares were Reiterated by Deutsche Bank on Mar 28, 2016 to “Hold”, Firm has raised the Price Target to $ 126 from a previous price target of $124 .Willis Towers Watson PLC was Upgraded by Raymond James to ” Strong Buy” on Feb 16, 2016.
In a different news, on Mar 9, 2016, Nicolas Aubert (Head of Great Britain) sold 2,848 shares at $116.45 per share price. According to the SEC, on Mar 8, 2016, Todd J. Jones (Co-Head of North America) sold 1,152 shares at $116.45 per share price. On Mar 8, 2016, Dominic Casserley (President and Deputy CEO) sold 5,751 shares at $116.45 per share price, according to the Form-4 filing with the securities and exchange commission.
Willis Towers Watson Public Limited Company is a global advisory broking and solutions company. The Company offers services to its clients in approximately four business segments such as corporate risk and broking exchange solutions human capital and benefits and investment risk and reinsurance. The Company serves various mid-market and smaller businesses around the world. The Company offers its services in approximately 120 countries.