Willis Towers Watson Reports Second Quarter 2020 Earnings

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Willis Towers Watson (WLTW) PT Raised to $240 at SunTrust

July 30, 2020 12:25 PM EDT

SunTrust analyst Mark Huges raised the price target on Willis Towers Watson (NASDAQ: WLTW) to $240.00 (from $220.00) while maintaining a Buy rating.

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Willis Towers Watson (WLTW) Tops Q2 EPS by 17c, Revenues Beat

July 30, 2020 6:12 AM EDT

Willis Towers Watson (NASDAQ: WLTW) reported Q2 EPS of $1.80, $0.17 better than the analyst estimate of $1.63. Revenue for the quarter came in at $2.11 billion versus the consensus estimate of $2.05 billion.

Total revenue1 increased 3% to $2.1 billion with constant currency growth of 5% and flat organic revenueCash flows from operating activities were $685 million, up 126% compared to $303 million in the prior yearFree cash flow was $550 million, up 201% compared to $183 million in the prior yearDiluted Earnings per Share were $0.72 for the... More