Willis Towers Watson reports Q4 adjusted EPS $6.33, consensus $6.22

Reports Q4 revenue $2.7B, consensus $2.69B. "The fourth quarter was a solid finish to a strong year for WTW," said Carl Hess, WTW’s chief executive officer. "For the fourth quarter, revenue and operating margins increased over prior year. In addition, for the full year, we delivered results that were in line with our expectations, including healthy organic revenue growth and adjusted operating margin expansion. These reflected the benefits of our hiring efforts, investments in technology, initiatives to simplify our company and the successful execution of our transformation efforts. In a complex operating environment, our focus, agility and resilience allowed us to deliver on our commitments, including a substantial return of capital to our shareholders. We enter 2023 with momentum and remain focused on executing on our Grow, Simplify and Transform strategic priorities, accelerating cash flow conversion and achieving our long-term goals."