UK's WTW Q2 revenue beats estimates on segment growth 

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

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

Reuters Recommended Reads

• July 29 - Aon quarterly profit jumps on commercial risk management strength

• July 27 - Brown Brown's second-quarter profit rises on fee, commission growth

• July 29 - Verisk Q2 revenue slightly beats estimates on higher underwriting pricing

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.)