Seeking Alpha

Shares of Towers Watson (TW -10.1%) slip after the company beat on its Q2 bottom line but came...

Shares of Towers Watson (TW -10.1%) slip after the company beat on its Q2 bottom line but came up short on revenue and cut FY12 guidance. Total sales were slack, falling 3% Y/Y. Despite the weak sales, net revenue soared as the company cut bottom line costs and margins jumped. Going forward however, it sees revenue growth flat at best due to currency impact and weak overall demand, and warns of a potential 10% drop in its EPS for the current quarter.

Check out Seeking Alpha’s new Earnings Center »

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs