Willis Towers Watson PLC (WLTW) reported quarterly earnings results on Friday, Aug-5-2016. The company said it had a profit of $1.66 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $1.61. The company posted revenue of $1975.00 million in the period, compared to analysts expectations of $1979.60 million. The company’s revenue was up 114.2% compared to the same quarter last year.
Investors should note that on Jul 22, 2016, Willis Towers Watson PLC announced a cash dividend of $0.4800. The company’s management has announced Sep 28, 2016 as the ex-dividend date and fixed the record date on Sep 30, 2016. The payable date has been fixed on Oct 17, 2016.
In a different news, on May 18, 2016, Adam Garrard (Head of International) sold 7,989 shares at $124.28 per share price. According to the SEC, on May 13, 2016, Dominic Casserley (President and Deputy CEO) sold 1,781 shares at $125.50 per share price. On May 12, 2016, Wilhelm Zeller (director) sold 5,000 shares at $123.11 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.