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What: Shares of professional-services company Towers Watson
So what: Earnings per share of $1.37 crushed analysts' estimates of $1.08 in the fiscal third quarter. As a result, the company increased full-year earnings-per-share guidance to a range of $4.40 to $4.43, from $4.07 to $4.15 previously.
Now what: The company's merger last year is proving to be more profitable than anyone expected at this juncture. Management pointed to organic revenue growth that's driving better results this quarter, a great sign for any company. I think shares have plenty of room to run, given the higher-than-expected growth and improved guidance.
Interested in more info on Towers Watson Add it to your watchlist.
Fool contributor Travis Hoium has no position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings, or follow his CAPS picks at TMFFlushDraw.
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