secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS TOWERS WATSON PLC (WTW)
CIK:        0001140536
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001171843-23-006425
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WTW Q3 revenue up 11% to $2.2B; adjusted EPS up 2% to $2.24; GAAP EPS down 25%
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- Revenue $2,166M, +11% reported, +9% organic; HWC +9% organic, R&B +10% organic.
- GAAP diluted EPS $1.29 (-25% YoY); Adjusted diluted EPS $2.24 (+2% YoY).
- Adjusted operating margin 16.2% (+170bps); Transformation savings cumulative $300M.
- Free cash flow $707M YTD, up from $337M; repurchased $350M of shares in Q3.
- Full-year 2023 target: mid-single digit organic growth, margin expansion, $160M incremental savings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140536/000117184323006425/0001171843-23-006425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140536/000117184323006425/f8k_102523.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-006425

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer