Global advisory, brokerage, and solutions company Willis Towers Watson (WLTW) reported strong second-quarter results, driven by increased consulting, new business generation, strong renewals, and an overall improving economy. Shares popped 4.4% to close at $212.94 on August 3. Adjusted earnings for the quarter stood at $2.66 per share, up 48% compared to the prior-year period, and outpaced analysts’ estimates of $2 per share. (See Willis Towers Watson stock charts on TipRanks) What's more, revenue grew 8% year-over-year to $2.29 billion and beat the Street’s estimate of $2.21 billion. For full year 2021, the company has guided for mid-single-digit revenue growth.
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