Willis Towers Watson (NASDAQ:WLTW) reports 1Q17 Profit Up 9%; Beats Street View

Willis Towers Watson (NASDAQ:WLTW) reports 1Q17 Profit Up 9%; Beats Street View

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Willis Towers Watson (NASDAQ:WLTW) headquartered in London, announced net income for the first quarter of $ 344.00 million or $ 2.50 per share, compared to income $ 238.00 million or $ 1.75 per share for the year-ago quarter.

The company recorded first quarter adjusted net income of $ 512.00 million or $ 3.71 per share, while analysts from Thomson Reuters expected income of $ 3.35 per share.

Top line figures for the first quarter rose 4% to $ 2.32 billion from $ 2.23 billion in the same quarter last year, where as analysts anticipated $ 2.30 billion.

John Haley, CEO, said: Im very pleased with the first quarter results, and particularly pleased for our colleagues, who have worked with unwavering focus on our clients and in unifying and integrating Willis Towers Watson.There are fewer things more gratifying on a professional level than seeing hard work produce great results.

For the full Year fiscal 2017, WLTW expects adjusted earnings in the range of $8.40 to $8.55 per share.