Willis Towers Watson Analysts Increase Their Forecasts After Upbeat Q2 Earnings
Portfolio Pulse from Avi Kapoor
Willis Towers Watson (NASDAQ:WTW) reported better-than-expected Q2 earnings and raised its FY24 EPS guidance. The company posted earnings of $2.55 per share, beating the consensus estimate of $2.31, but missed sales estimates. Following the announcement, analysts from Wells Fargo, Truist Securities, and Roth MKM raised their price targets for WTW.
July 26, 2024 | 5:14 pm
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Willis Towers Watson reported Q2 earnings of $2.55 per share, beating the consensus estimate of $2.31. The company raised its FY24 EPS guidance and saw analysts increase their price targets.
The better-than-expected earnings and raised guidance indicate strong performance and future prospects, leading to positive analyst revisions. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100