secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS TOWERS WATSON PLC (WTW)
CIK:        0001140536
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001171843-24-004118
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WTW Q2 revenue $2.27B (+5%), adj. EPS $2.55 (+24%); raises 2024 outlook low end
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- Revenue $2.27B, reported +5%, organic +6%; diluted EPS $1.36 (+55%), adjusted diluted EPS $2.55 (+24%).
- Adjusted operating margin 17.0% (+240bps); raised 2024 adj. op. margin range to 23.0%-23.5%.
- HWC revenue $1.26B (organic +5%), op. margin 21.9% (+360bps); R&B revenue $979M (organic +10%), op. margin 20.6% (+450bps).
- Raised low end of 2024 adj. EPS guidance to $16.00-$17.00; annual cost savings target increased to ~$450M.
- Repurchased $200M of WTW shares in Q2; H1 free cash flow $361M vs $350M prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140536/000117184324004118/0001171843-24-004118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140536/000117184324004118/f8k_072524.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004118

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