Willis Towers Watson Q3 2022 Earnings Report
Key Takeaways
WTW reported a strong third quarter with organic revenue growth accelerating to 6%. The company expanded adjusted operating margins by 110 basis points year-over-year. The company is maintaining its 2022 full-year targets for organic revenue growth, adjusted operating margin expansion, and non-cash pension income and raising its 2022 full-year targets for run-rate cost savings and foreign currency headwind to adjusted earnings per share.
Organic revenue growth accelerated to 6%.
Adjusted operating margins improved by 110 basis points over the prior year.
WTW completed the transfer of its ownership of its Russian subsidiaries to local management.
The company remains committed to delivering mid-single digit organic revenue growth and 400-500 basis points of adjusted operating margin expansion.
Willis Towers Watson
Willis Towers Watson
Willis Towers Watson Revenue by Segment
Forward Guidance
Based on current and anticipated market conditions, the Company is maintaining its 2022 full-year targets for organic revenue growth, adjusted operating margin expansion, and non-cash pension income and raising its 2022 full-year targets for run-rate cost savings and foreign currency headwind to adjusted earnings per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income