Picture of Willis Towers Watson logo

WTW Willis Towers Watson News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsConservativeLarge CapNeutral

WTW hits near 2-year low on slower organic growth in Q1

** Willis Towers Watson WTW.O shares tumble 12% to $254.96 after the insurance broker posts slower Q1 organic revenue growth that overshadows Q1 profit beat

** WTW hits lowest since June 2024

** Firm's risk and broking segment records an organic revenue growth of 2% in Q1, while its total revenue growth is 3% organically. In the year-ago period the increases were 7% and 5%, respectively

** Despite the growth slowdown, it posts adjusted Q1 EPS of $3.72, beating analysts' average estimate of $3.67, per LSEG data

** Including session's moves, WTW slip about 22.3% YTD, underperforming the 4.4% rise in the S&P 500 .SPX

 (Reporting by Ragini Mathur in Bengaluru)

 ((Ragini.Mathur@thomsonreuters.com;))

Recent news on Willis Towers Watson

See all news