Marsh & McLennan Companies, Inc. (MMC) is set to report third-quarter 2024 results on Oct. 17, 2024, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter's earnings is currently pegged at $1.61 per shareon revenues of $5.7 billion. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The third-quarter earnings estimate has witnessed downward revisions over the past 60 days. However, the bottom-line projection indicates a year-over-year increase of 2.6%. T ...

In its upcoming report, Marsh & McLennan (MMC) is predicted by Wall Street analysts to post quarterly earnings of $1.61 per share, reflecting an increase of 2.6% compared to the same period last year. Revenues are forecasted to be $5.7 billion, representing a year-over-year increase of 5.9%. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections du ...

Marsh & McLennan Companies, Inc. (MMC) is aided by segmental strength, new business growth, an active acquisition strategy and sound cash reserves. MMC Stock's Zacks Rank & Price Rally Marsh & McLennan currently carries a Zacks Rank #3 (Hold). The stock has gained 18.1% in the past year. Image Source: Zacks Investment Research Robust Growth Prospects of MMC Stock The Zacks Consensus Estimate for Marsh & McLennan's 2024 earnings is pegged at $8.74 per share, indicating a 9.4% increase from the 2023 figure. T ...

Marsh & McLennan Companies, Inc.'s (MMC) business, Marsh McLennan Agency ("MMA"), recently inked a deal to acquire McGriff Insurance Services, LLC for $7.75 billion in cash. The acquiree is a US-based provider of insurance broking and risk management services. Its revenues for the trailing 12 months ended June 30, 2024, amounted to $1.3 billion. This move bodes well for MMC as it will enhance its position in the U.S. insurance market by enhancing its capabilities across commercial property and casualty, emp ...

Marsh & McLennan Companies, Inc. (MMC) is one of the major insurance brokers with a diversified set of businesses and an expanding geographical footprint. With a market cap of $109.8 billion, the company's strong international operations and growing Risk and Insurance Services segment are major tailwinds. Investors can go with this insurance giant to reduce risk in their portfolios. Shares of Marsh & McLennan have jumped 18.4% in the year-to-date period, outperforming the S&P 500 Index's 17.8% growth. It ha ...

Investors might want to bet on Marsh & McLennan (MMC) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual inve ...

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________________ FORM 10-Q _____________________________________________ (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 mont ...

Consolidated revenues rose 6% year over year to $6.2 billion. The figure also improved 6% on an underlying basis. The top line, however, fell short of the consensus mark by 1%. Total operating expenses of $4.58 billion increased 3.6% year over year but were lower than our estimate of $4.62 billion. The year-over-year increase was due to higher compensation and benefits costs. Expenses of the Risk and Insurance Services segment escalated 6.2% year over year while the Consulting segment's expenses inched up 1 ...

Marsh McLennan reported second-quarter earnings and sales below Wall Street's estimates. Revenue grew in both the company's insurance and consulting divisions. The company's shares fell Thursday, but remain up some 15% this year. The company posted earnings per share (EPS) of $2.27 on revenue of $6.2 billion, compared to analysts' expectations of $2.36 per share on revenue of $6.3 billion, according to Visible Alpha. Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.com ...

Marsh & McLennan Companies, Inc. (NYSE:MMC) Q2 2024 Earnings Call Transcript July 18, 2024 8:30 AM ET Company Participants John Doyle - President and CEO Mark McGivney - CFO Nick Studer - President & CEO, Oliver Wyman Group Martin South - President & CEO, Marsh Pat Tomlinson - President & CEO, Mercer Dean Klisura - President & CEO, Guy Carpenter Conference Call Participants David Motemaden - Evercore ISI Jimmy Bhullar - JPMorgan Elyse Greenspan - Wells Fargo Scott Heleniak - RBC Capital Markets Michael Zare ...