earnings
confidence high
sentiment positive
materiality 0.75
WTW Q2 revenue up 9% to $2.47B; adj. EPS $3.35 (+17%); announces Propel AI plan targeting 30% margin by 2028
WILLIS TOWERS WATSON PLC
- Revenue $2.466B (+9% reported, +5% organic); adj. diluted EPS $3.35 (+17% YoY).
- GAAP diluted EPS $2.43 (-27% YoY); operating margin 14.8% (-150bps), adj. operating margin 19.5% (+100bps).
- Announced Propel AI plan: $625M cash investment, targeting ~30% adj. operating margin by 2028, ~$350M net run-rate savings.
- Board approved $1.5B increase to share repurchase authority (total ~$2B remaining).
- HWC segment revenue +8% (+4% organic); R&B segment revenue +11% (+7% organic).