Operator
Good morning. Welcome to the Willis Towers Watson First Quarter 2021 Earnings Conference Call. Please refer to the willistowerswatson.com for the press release and supplemental information that was issued earlier today. Today s call is being recorded and will be available for the next three months on the Willis Towers Watson s website. Some of the comments in today s call may constitute forward-looking statements within the meaning of the Private Securities Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties. Actual results may differ materially from those discussed today, and the company undertakes no obligation to update these statements unless required by law.
Willis Towers Watson Q1 Profit Beats Estimates
LONDON (dpa-AFX) - Willis Towers Watson Public Limited Company (WLTW) reported first quarter adjusted earnings per share of $3.64 compared to $3.34, prior year. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $3.28, for the quarter. Analysts estimates typically exclude special items.
Net income attributable to Willis Towers Watson was $733 million, an increase of 140% from $305 million, a year ago. Earnings per share was $5.63, up 140% over prior year.
First quarter total revenue increased 5% to $2.6 billion with constant currency growth of 1% and organic growth of 4%. Analysts expected revenue of $2.50 billion, for the quarter.
LONDON (dpa-AFX) - Willis Towers Watson Public Limited Company (WLTW) announced earnings for its first quarter that advanced from last year.The company's earnings totaled $733 million, or $5.63
10 Best Cheap Stocks To Buy Now According To Billionaire Abrams
David Abrams‘ hedge fund, which managed to outperform the broader market index with a 15% average return in the first fifteen years since inception, saw strong share price gains from the majority of its top ten holdings during the pandemic year. The $10 billion hedge fund manager has made only a few but smart changes in its equity portfolio during 2020. Only two stocks including TransDigm Group (NYSE: TDG) Incorporated and Energy Transfer Limited (NYSE: ET) met the buying criteria set by David Abrams.
The self-made billionaire started 2021 with 17 stock positions. His hedge fund Abrams Capital Management has extended the strategy of holding large positions in few companies, with the top three positions represented 38% and the top ten holdings accounted for 87% of the overall portfolio based on the latest 13F filings. However, he has spread investments across several sectors including communications, consumer discreti
LONDON (dpa-AFX) - Willis Towers Watson Public Limited Company (WLTW) announced earnings for fourth quarter that decreased from last year.The company's profit came in at $476 million, or $3.66