secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS TOWERS WATSON PLC (WTW)
CIK:        0001140536
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001171843-24-002205
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WTW Q1 revenue up 4% to $2.34B; adj. EPS $3.29 beats prior year; guidance reaffirmed
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- Q1 revenue $2.34B (+4% reported, +5% organic); diluted EPS $1.83 (down 3%); adjusted diluted EPS $3.29 (+16% YoY).
- Adjusted operating margin 20.6% (up 200 bps); GAAP operating margin 12.0% (down 70 bps) on transformation costs.
- Health, Wealth & Career revenue $1.34B (+4% organic); Risk & Broking $978M (+8% organic); both segments expanded margins.
- Free cash flow -$9M vs +$92M prior year on transformation/discretionary payments; $101M in share repurchases during Q1.
- Full-year 2024 targets reaffirmed: revenue ≥ $9.9B, adj. op. margin 22.5%-23.5%, adj. diluted EPS $15.40-$17.00.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140536/000117184324002205/0001171843-24-002205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140536/000117184324002205/f8k_042424.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002205

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