The upcoming report from Willis Towers Watson (WTW) is expected to reveal quarterly earnings of $2.65 per share, indicating an increase of 3.9% compared to the year-ago period. Analysts forecast revenues of $2.23 billion, representing a decline of 1.4% year over year.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
In light of this perspective, let's dive into the average estimates of certain Willis Towers Watson metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Revenue- Health, Wealth and Career' to come in at $1.18 billion. The estimate indicates a year-over-year change of -6.5%.
The average prediction of analysts places 'Revenue- Risk and Broking' at $1.04 billion. The estimate suggests a change of +6.6% year over year.
Analysts predict that the 'Revenue- Segment Revenue' will reach $2.22 billion. The estimate indicates a year-over-year change of -0.8%.
The consensus estimate for 'Revenue- Reimbursable expenses and other' stands at $25.05 million. The estimate suggests a change of +25.2% year over year.
The combined assessment of analysts suggests that 'Segment Operating Income- Risk and Broking' will likely reach $220.59 million. The estimate compares to the year-ago value of $202.00 million.
Analysts' assessment points toward 'Segment Operating Income- Health, Wealth and Career' reaching $284.46 million. The estimate is in contrast to the year-ago figure of $276.00 million.
View all Key Company Metrics for Willis Towers Watson here>>>
Over the past month, shares of Willis Towers Watson have returned +2.8% versus the Zacks S&P 500 composite's +4.9% change. Currently, WTW carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Willis Towers Watson Public Limited Company (WTW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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