Towers Watson and Co Issues Q1 2014 Guidance In Line With Analysts' Estimates

Wednesday, 14 Aug 2013 06:00am EDT 

Towers Watson and Co announced that for first quarter of 2014, it expects revenues in the range of $850 million to $870 million, reflecting constant currency revenue growth in the range of 3% to 5%, and adjusted diluted earnings per share in the range of $1.15 to $1.20. The guidance assumes an average exchange rate of 1.50 U.S. dollars to the British Pound and 1.30 U.S. dollars to the Euro for the first quarter of 2014. According to I/B/E/S Estimates analysts were expecting the Company to report revenue of $869 million and EPS of $1.20 for first quarter of 2014. 

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29 Aug 2014