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Willis Group (WSH -7.8%) tanks after reporting revenue of $762M (+4% Y/Y) and EPS of $0.34,...
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Tuesday, October 25, 2011, 2:43 PM ETWillis Group (WSH -7.8%) tanks after reporting revenue of $762M (+4% Y/Y) and EPS of $0.34, missing Street forecasts by $2.2M and $0.03. The company is also lowering its 2011 EPS guidance to $2.70-$2.80 ($2.87 consensus), citing weakness in its Loan Protector division, which provides insurance for the mortgage servicing industry.
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