Willis Group Holdings Public Ltd. Co. (WSH: Quote) reported net income of $85 million or $0.48 per share for the second quarter, compared to $89 million or $0.52 per share in the prior year quarter.
Adjusted net income grew to $108 million or $0.61 per share from $92 million or $0.54 per share in the second quarter of 2010.
Total revenues increased 8% to $863 million from $799 million in the previous year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.58 per share on revenue of $831.76 million for the quarter. Analysts' estimates typically exclude special items.
Further, the company's board declared a regular quarterly cash dividend on the company's ordinary shares of $0.26 per share. The dividend is payable on October 14, 2011 to shareholders of record on September 30, 2011.
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by RTT Staff Writer
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