NEW YORK — Towers Watson & Co.'s fiscal third-quarter earnings jumped 39 percent, as the human resources and risk management consultant's revenue got a bump from a new business and the company kept expenses in check.
The New York company also raised its fiscal 2013 earnings forecast on Tuesday.
Towers Watson earned $94.9 million, or $1.34 per share, in the quarter that ended March 31, up from $68.2 million, or 95 cents per share, a year ago. Excluding items like transaction and integration costs, adjusted earnings totaled $1.60 per share.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.