UPDATE: Willis Group (WSH) Reports In-Line Q4 EPS, Comments on Outlook

Willis Group (NYSE: WSH) reported Q4 EPS of $0.46, in-line with the analyst estimate of $0.46. Revenue for the quarter came in at $958 million versus the consensus estimate of $957.4 million.

2015 Outlook

Dominic Casserley stated, "We enter the new year well positioned. We expect to drive our 2015 performance with mid-single digit organic revenue growth, supported by our recent acquisitions which we expect will deliver underlying EBITDA ranging from $55 million to $65 million, depending on when we close the Miller transaction. Finally, we expect that our organic cost management actions, combined with the impact of our Operational Improvement Program, will allow us to deliver at least 130 basis points of positive spread between organic revenue and expense growth in 2015."

For earnings history and earnings-related data on Willis Group (WSH) click here.

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