Willis Towers Watson Third Quarter 2024 Earnings: EPS Misses Expectations

Willis Towers Watson (NASDAQ:WTW) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$2.29b (up 5.7% from 3Q 2023).
• Net loss: US$1.68b (down from US$136.0m profit in 3Q 2023).
• US$16.42 loss per share (down from US$1.30 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Willis Towers Watson EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Insurance industry in the US.

Performance of the American Insurance industry.

The company's shares are up 4.0% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Willis Towers Watson that you need to be mindful of.

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