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Willis Towers Watson Publishes Q3 2026 Earnings Call Transcript

By Public Technologies
  • WTW maintained its 2026 organic growth outlook near the lower end of mid-single digits; Health, Wealth & Career guidance fell to low-to-mid-single digits.
  • Three large clients delayed Individual Marketplace implementations until 2027, leaving Benefits Delivery & Outsourcing revenue expected to remain roughly flat in 2026.
  • Third-quarter adjusted diluted earnings rose 18% to $3.63 per share; adjusted operating margin expanded 150 basis points to 21.9%.
  • Propel targets $350 million in net annualized savings by end-2028, supporting an adjusted operating margin of approximately 30%.
  • The October 29, 2026, earnings call featured CEO Carl Hess, CFO Andrew Krasner, segment presidents Julie Gebauer and Lucy Clarke.


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