earnings
confidence high
sentiment neutral
materiality 0.65
WTW Q2 GAAP EPS $0.97, adjusted EPS $2.32; raises transformation savings target to $80M+
WILLIS TOWERS WATSON PLC
2022-Q2 EPS reported
$2.01
revenue$4,191,000,000
- Total revenue $2.031B, down 3% YoY; organic growth +3%.
- Diluted GAAP EPS $0.97, down 31%; adjusted diluted EPS $2.32, up 9%.
- Operating margin 6.7% (down 140bps); adjusted operating margin 15.5% (up 30bps).
- Raised 2022 run-rate cost savings target to >$80M from $30M; cumulative $71M achieved YTD.
- Repurchased $471M of shares in Q2, $2.7B YTD.