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Willis Towers Watson (WTW) guidance history: what it guided and what it reported
Willis Towers Watson gave guidance in 12 earnings releases on file since Apr 25, 2024. Of 1 guided period since reported, it met or beat its own guidance once (100%). Revenue: 1 of 1, on average +0.3% against the guided midpoint. Its releases raised guidance once and lowered it once.
Revenue
Met or beat 1 of 1 periods (0 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | $9.9B (Apr 25, 2024) → reaffirmed $9.9B (Oct 31, 2024) | $9.9B | within the range | +0.3% |
Adjusted operating margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | 22.5%–23.5% (Apr 25, 2024) → raised 23.0%–23.5% (Jul 25, 2024) → reaffirmed 23.0%–23.5% (Oct 31, 2024) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $0.02 (Oct 29, 2026) | — | to be reported | — |
| FY2026 | $0.30 (Feb 3, 2026) → reaffirmed $0.30 (Apr 30, 2026) → reaffirmed $0.30 (Jul 30, 2026) → reaffirmed $0.30 (Oct 29, 2026) | — | to be reported | — |
| Q4 2025 | $0.15 (Oct 30, 2025) → reaffirmed $0.15 (Oct 31, 2025) | — | — | — |
| FY2025 | $0.25–$0.35 (Feb 4, 2025) → reaffirmed $0.25–$0.35 (Apr 24, 2025) → lowered $0.20 (Jul 31, 2025) → reaffirmed $0.20 (Oct 30, 2025) → reaffirmed $0.20 (Oct 31, 2025) | — | — | — |
| FY2024 | $15.40–$17.00 (Apr 25, 2024) → raised $16.00–$17.00 (Jul 25, 2024) → lowered $0.06 (Oct 31, 2024) | — | — | — |
Adjusted EBITDA margin
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 26.0% (Feb 3, 2026) → reaffirmed 26.0% (Apr 30, 2026) → reaffirmed 26.0% (Jul 30, 2026) → reaffirmed 26.0% (Oct 29, 2026) | — | to be reported | — |
The latest quarter
Willis Towers Watson, Q3 2026: revenue $2.5B (+8% year over year), operating margin 17.4%, net earnings $303M, operating cash flow $739M. The chart follows the revenue to costs, profit and cash.
Questions
Does Willis Towers Watson beat its guidance?
Willis Towers Watson gave guidance in 12 earnings releases on file since Apr 25, 2024. Of 1 guided period since reported, it met or beat its own guidance once (100%). Revenue: 1 of 1, on average +0.3% against the guided midpoint.
How often does Willis Towers Watson raise guidance?
Its earnings releases raised guidance once and lowered it once since Apr 25, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.