Willis Towers Watson (WLTW) Tops Q4 EPS Views; Guides FY16 EPS Below Expectations

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Willis Towers Watson Reports Quarterly and Full-Year Results

February 9, 2016 5:15 PM EST

Willis Group Holdings plc Pre-Merger Results:        

4Q15 Organic Commissions & Fees growth was 4.8% compared to 4Q14; 280 basis points of organic spread; reported 4Q15 revenue growth of 1.7% compared to 4Q14 4Q15 Underlying EBITDA of $201 million equating to 20.6% of total revenues; reported EBITDA of $50 million equating to 5.1% of total revenuesReported 4Q15 net loss of $(24) million, or $(0.35) per diluted share; includes adjustments of $1.44 per diluted shareReported full-year 2015 net income of $5.41 per diluted share; includes adjustments of $0.98 per diluted... More