LONDON (AP) — LONDON (AP) — Willis Towers Watson PLC (WTW) on Tuesday reported fourth-quarter profit of $1.25 billion.
On a per-share basis, the London-based company said it had profit of $12.25. Earnings, adjusted for one-time gains and costs, were $8.13 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $8.01 per share.
The advisory, broking and solutions company posted revenue of $3.04 billion in the period, which missed Street forecasts. Seven analysts surveyed by Zacks expected $3.05 billion.
For the year, the company reported a loss of $98 million, or 96 cents per share. Revenue was reported as $9.93 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WTW at https://www.zacks.com/ap/WTW
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