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Willis Group Holdings Q1 Profit Down, But Tops View

Willis Group Holdings plc (WSH), Tuesday reported first-quarter net income of $219 million or $1.24 per share, down from $225 million or $1.28 per share a year ago.

Adjusted net income for the first quarter improved to $257 million or $1.46 per share from $233 million or $1.32 per share last year. Analysts polled by Thomson Reuters expected earnings of $1.31 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter grew to $1.05 billion from $1.01 billion last year.
Analysts expected revenues of $1.05 billion for the quarter.

by RTTNews Staff Writer

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