earnings
confidence high
sentiment negative
materiality 0.80
WTW Q1 revenue -3% to $2.16B, net income drops 83% to $125M, adj EPS +22% to $2.66
WILLIS TOWERS WATSON PLC
2022-Q1 EPS reported
$1.03
revenue$2,160,000,000
- Total revenue $2.16B, down 3% YoY; organic growth 2%.
- Diluted EPS $1.03 (down 82%); adjusted diluted EPS $2.66 (up 22%).
- Net income $125M, down 83% YoY; includes $138M non-cash charges from Russian deconsolidation.
- Repurchased 9.9M shares for $2.3B in Q1, achieving $4B buyback target.
- FY 2022 outlook: mid-single-digit organic growth, adjusted operating margin expansion.