Willis Group Holdings Q2 Profit Declines - Quick Facts

(RTTNews) - Willis Group Holdings plc (WSH), Tuesday reported second-quarter net income of $47 million or $0.26 per share, compared to $105 million or $0.59 per share in the year-ago period.

Underlying net income for the latest second quarter was $83 million or $0.49 per share, down from $100 million or $0.59 per share in the comparable quarter last year. On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.59 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter rose to $935 million from $890 million last year, while 13 analysts estimated revenues of $924.49 million for the quarter.

At its July 2014 Board meeting, the Board of Directors approved a regular quarterly cash dividend of $0.30 per share, payable on October 15, 2014 to shareholders of record at September 30, 2014.