Towers Watson (TW) Tops Q3 EPS by 13c; Guides FY15 EPS Above Views
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May 5, 2015 6:00 AM EDT
Revenues increased 2% over prior year third quarter (7% constant
currency)
EBITDA Margin increased to 22%, from 20% for the prior year third
quarter
Adjusted Diluted Earnings per Share of $1.63, up 3% over prior year
third quarter
Diluted Earnings per Share of $1.49, up 7% over prior year third
quarter
Increases Expected Fiscal Year 2015 Adjusted Diluted EPS Range to
$6.03 to $6.10
Maintains Expected Fiscal Year 2015 Revenues of approximately $3.6
billion
ARLINGTON, Va.--(BUSINESS WIRE)--
Towers Watson... More
May 4, 2015 9:05 AM EDT
Towers Watson survey finds life insurers technology limitations
affecting their profits
ARLINGTON, Va.--(BUSINESS WIRE)--
Chief financial officers (CFOs) at North American life insurance
companies say they continue to face sizable competitive challenges to
their profitability, yet only a small number (20%) believe they are well
prepared to respond to this competitive environment. Life insurers cited
competition (61%) and cost management (61%) as the top challenges to
their profits this year, and seem only somewhat better prepared (46%) to
address the cost pressures, according to a... More
