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BRIEF-WTW Reports Second Quarter 2022 Earnings

BRIEF-WTW Reports Second Quarter 2022 Earnings

Reuters · 07/28/2022 06:10
BRIEF-WTW Reports Second Quarter 2022 Earnings

- Willis Towers Watson PLC WTW:

  • WTW REPORTS SECOND QUARTER 2022 EARNINGS

  • Q2 ADJUSTED EARNINGS PER SHARE $2.32

  • Q2 EARNINGS PER SHARE $0.97

  • QTRLY TOTAL REVENUE DECREASED 3% TO $2.0 BILLION WITH ORGANIC GROWTH OF 3%

  • MAINTAINING 2022 FY TARGETS FOR ORGANIC REVENUE GROWTH, ADJUSTED OPERATING MARGIN EXPANSION, AND NON-CASH PENSION INCOME

  • RAISING ITS 2022 FULL-YEAR TARGETS FOR RUN-RATE COST SAVINGS AND FOREIGN CURRENCY HEADWIND TO ADJUSTED EARNINGS PER SHARE

  • EXPECT A FOREIGN CURRENCY HEADWIND ON FY ADJUSTED EARNINGS PER SHARE OF ABOUT $0.20-$0.25 AT TODAY'S RATES

  • Q2 EARNINGS PER SHARE VIEW $2.30, REVENUE VIEW $2.06 BILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:

Further company coverage: WTW


((Reuters.Briefs@thomsonreuters.com;))