LONDON (dpa-AFX) - Willis Towers Watson Public Limited Company (WTW) reported a profit for third quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $139 million, or $1.29 per share. This compares with $192 million, or $1.72 per share, in last year's third quarter.
Excluding items, Willis Towers Watson Public Limited Company reported adjusted earnings of $236 million or $2.24 per share for the period.
Analysts on average had expected the company to earn $2.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 10.9% to $2.166 billion from $1.953 billion last year.
Willis Towers Watson Public Limited Company earnings at a glance (GAAP) :
-Earnings (Q3): $139 Mln. vs. $192 Mln. last year. -EPS (Q3): $1.29 vs. $1.72 last year. -Analyst Estimates: $2.05 -Revenue (Q3): $2.166 Bln vs. $1.953 Bln last year.
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