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Towers Watson beats forecasts with its results
PROFESSIONAL services company Towers Watson posted better-than-expected quarterly results yesterday, helped by higher revenue from its benefits segment, and forecast full-year earnings above estimates.
Second-quarter net income rose to $65.4m (£41.3m), or 92 cents a share, from $48.6m, or 65 cents a share, a year ago. The firm’s revenue rose 11 per cent to $880m.