LONDON (AP) — LONDON (AP) — Willis Towers Watson PLC (WTW) on Tuesday reported fourth-quarter earnings of $735 million.
The London-based company said it had net income of $7.62 per share. Earnings, adjusted for one-time gains and costs, came to $8.12 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $7.92 per share.
The advisory, broking and solutions company posted revenue of $2.94 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $2.86 billion.
For the year, the company reported profit of $1.61 billion, or $16.26 per share. Revenue was reported as $9.71 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WTW at https://www.zacks.com/ap/WTW
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