Willis Towers Watson (WTW)
NASDAQ:WTW
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
3.14Last Year’s EPS
2.86Same Quarter Last Year
Moderate Buy
Based on 17 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of encouraging operational and strategic progress alongside near-term revenue and regional headwinds. Financially, management reported solid earnings growth (adjusted EPS +19%) and margin expansion (+70 bps) while emphasizing AI and technology-driven productivity gains, meaningful client wins, and active capital returns. Offsetting these positives were a revenue result that landed at the low end of plan, a softer start in Risk & Broking (missed new business and narrowed guidance), and specific regional disruptions (Middle East) that depressed some advisory activity and timing of bookings. Management remains confident in mid-single-digit full-year growth, continued margin expansion and the long-term benefits of AI and the Newfront integration, but near-term pacing and competitive pricing in parts of R&B introduce uncertainty.Company Guidance
Overall Financial Performance
Delivered 3% organic revenue growth for Q1 FY2026; adjusted operating margin of 22.3% (up ~70 basis points year-over-year); adjusted diluted EPS of $3.72, a 19% increase vs Q1 2025. Management reiterated near-term goals of mid-single-digit growth, continued margin expansion and free cash flow margin improvement.
Segment Strength — Health, Wealth & Career (HWC)
HWC organic revenue +3% in Q1 led by Health (+6%) and Wealth (+4%); Health expected to deliver high single-digit growth for 2026 driven by high health-care inflation and recurring revenue; Wealth expected to grow at the high end of the low-single-digit range based on retirement and investments momentum.
ICT (Insurance Consulting & Technology) Momentum
ICT revenue up 5% — strongest performance in several quarters — driven by increased technology sales (including Radar decision engine) and growing AI-enabled capabilities for pricing, underwriting and claims.
Material Client Wins and Industry Mandates
Notable new mandates include: multi-line win for a global Fortune 100 company (U.S.), a major surety placement supporting an $80 billion project pipeline for a nuclear technology client, and capture of an entire data-center program (construction + operations) with repeat work expected in 2026 — all cited as drivers of expected revenue growth.
AI & Tech Adoption Driving Productivity and Differentiation
AI initiatives showing measurable impact: Rewards AI now serves >2,500 client users; Call Note Assist summarized >1.6 million calls producing a 33% reduction in post-call wrap-up time; CRB affinity team achieved a 90% reduction in endorsement processing time; DocLLM automates document ingestion. Management highlighted these tools as compounding both revenue and efficiency advantages.
Newfront Acquisition Integration Benefits
Integration of Newfront technology underway; Newfront data cited that colleagues using the tech sell ~50% more and client attrition falls by ~50% for clients using the tools. Several Newfront products (Coverage Gap Analysis, Navigator, Partner Management) are being rolled into WTW and already supporting new client wins.
Operating Leverage and Margin Expansion Plans
Company delivered 70 bps of adjusted operating margin expansion in Q1 and reiterated aspiration to deliver ~100 bps of average annual adjusted operating margin expansion over the next two years, supported by AI, automation, and process simplification (e.g., Neuron operating system pilots and rollouts).
Capital Allocation & Shareholder Returns
Returned $388 million to shareholders in Q1 (share repurchases $300 million; dividends $88 million) and reaffirmed intention for at least $1 billion in share repurchases for the year, preserving flexibility for M&A and reinvestment.
Tax and FX Benefits
U.S. GAAP tax rate improved to 18.6% (vs 21.5% prior year); adjusted tax rate of 20.3% (vs 22.7% prior year). Foreign exchange provided an EPS tailwind of $0.25 in Q1 with an expected full-year FX tailwind of ~$0.35 to adjusted EPS.
WTW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WTW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $290.11 | $256.20 | -11.69% |
Feb 03, 2026 | $315.56 | $333.99 | +5.84% |
Oct 30, 2025 | $315.61 | $315.08 | -0.17% |
Jul 31, 2025 | $299.19 | $313.05 | +4.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Willis Towers Watson (WTW) report earnings?
Willis Towers Watson (WTW) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Willis Towers Watson (WTW) earnings time?
Willis Towers Watson (WTW) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WTW EPS forecast?
WTW EPS forecast for the fiscal quarter 2026 (Q2) is 3.14.