Towers Watson and Co TW posted stronger-than-expected third-quarter earnings and lifted its full-year profit forecast.
Towers Watson's quarterly earnings came in at $68.2 million, or $0.95 per share, versus $69.2 million, or $0.94 per share, in the year-ago period. On an adjusted basis, it earned $1.39 per share, versus analysts' estimates of $1.35 per share.
Towers Watson now projects 2012 earnings of $5.14 to $5.19 per share, versus its earlier forecast of $5.05 to $5.15 per share.
Towers Watson shares closed at $65.35 on Friday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in