UK's WTW Q2 revenue beats estimates on segment growth

Willis Towers Watson Public

30/07/2026 11:11

Overview
UK advisory and broking firm's Q2 revenue rose 9%, beating analyst expectations
Adjusted diluted EPS for Q2 up 17%, beating analyst expectations
Company increased existing share repurchase authorization by $1.5 bln and launched AI plan Propel

Outlook
WTW maintains full-year 2026 guidance
WTW targets approximately 30% adjusted operating margin in 2028 under Propel AI plan
Company expects share repurchases of $1.0 bln or greater in 2026, subject to market conditions

Result Drivers
SEGMENT GROWTH - Organic revenue growth in both Health, Wealth & Career and Risk & Broking segments, with Health and Wealth contributing positively and Career flat due to Middle East conflict
AI AND AUTOMATION INITIATIVES - Ongoing investments in AI and automation cited as supporting business momentum and performance

Company press release: ID:nGNX6dcpKB

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$2.47 bln
$2.42 bln (14 Analysts)
Q2 Adjusted EPS
Beat
$3.35
$3.12 (21 Analysts)
Q2 EPS
 
$2.43
 
Q2 Adjusted Operating Margin
 
19.50%
 
Q2 Operating Margin
 
14.80%
 
Q2 Organic Growth
 
5.00%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the multiline insurance & brokers peer group is "hold."
Wall Street's median 12-month price target for Willis Towers Watson PLC is $340.50, about 7.8% above its July 29 closing price of $315.93
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)