Marsh & McLennan Companies(MMC)

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Octaviant Financial Announces Strategic Initiative with Starr Insurance
Newsfile· 2024-11-21 17:26
Octaviant Financial Announces Strategic Initiative with Starr InsuranceNovember 21, 2024 12:26 PM EST | Source: Reportable, Inc.New Brunswick, New Jersey--(Newsfile Corp. - November 21, 2024) - Octaviant Financial, Inc. (OFX), a recognized innovator in drug warranty and payment models, announced today that Starr Insurance will join Octaviant and Marsh, the world’s leading insurance broker and risk advisor, in offering drug warranty services that enable pharmaceutical companies to stand behind ...
Marsh & McLennan Expands Middle-Market Reach With McGriff Integration
ZACKS· 2024-11-18 16:10
Marsh & McLennan Companies, Inc. (MMC) recently completed its acquisition of McGriff Insurance Services, integrating more than 3,500 McGriff employees into its Marsh McLennan Agency (“MMA”) division, one of its higher growth areas. This move is expected to enhance MMA’s capabilities, particularly in the middle-market segment, and expand its reach.The acquisition will likely strengthen Marsh & McLennan’s risk management, insurance, and broking services while leveraging McGriff’s expertise and talent. It is e ...
These Analysts Boost Their Forecasts On Marsh & McLennan Following Upbeat Earnings
Benzinga· 2024-10-18 16:22
Marsh & McLennan MMC reported better-than-expected third-quarter earnings on Thursday. Marsh & McLennan reported quarterly earnings of $1.63 per share which beat the analyst consensus estimate of $1.57 per share. The company reported quarterly sales of $5.70 billion which met the analyst consensus estimate. John Doyle, President and CEO, said: "This was a milestone quarter for Marsh MeLeman as we delivered strong results and announced the acquisition of McGriff Insurance Services. Our performance demonstrat ...
Marsh & McLennan Companies(MMC) - 2024 Q3 - Quarterly Report
2024-10-17 20:17
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 September 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from________ to________. ____________________________________________ Marsh & McL ...
Marsh & McLennan Companies(MMC) - 2024 Q3 - Earnings Call Transcript
2024-10-17 15:45
Marsh & McLennan Companies, Inc. (NYSE:MMC) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Company Participants John Doyle - President and CEO Mark McGivney - CFO Nick Studer - President & CEO, Oliver Wyman Group Martin South - President & CEO, Marsh Dean Klisura - President & CEO, Guy Carpenter Conference Call Participants Elyse Greenspan - Wells Fargo Jimmy Bhullar - JPMorgan Greg Peters - Raymond James Mike Zaremski - BMO Capital Markets Brian Meredith - UBS Grace Carter - Bank of America R ...
Marsh & McLennan (MMC) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-17 14:36
For the quarter ended September 2024, Marsh & McLennan (MMC) reported revenue of $5.7 billion, up 5.9% over the same period last year. EPS came in at $1.63, compared to $1.57 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $5.71 billion, representing a surprise of -0.20%. The company delivered an EPS surprise of +1.24%, with the consensus EPS estimate being $1.61. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Marsh & McLennan (MMC) Q3 Earnings Surpass Estimates
ZACKS· 2024-10-17 12:40
Marsh & McLennan (MMC) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.57 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.24%. A quarter ago, it was expected that this global professional services firm providing strategy, risk and people solutions would post earnings of $2.39 per share when it actually produced earnings of $2.41, d ...
Marsh & McLennan Companies(MMC) - 2024 Q3 - Quarterly Results
2024-10-17 10:42
Marsh McLennan 1166 Avenue of the Americas New York, New York 10036-2774 212 345 5000 www.marshmclennan.com News release Exhibit 99.1 Marsh McLennan reports third quarter 2024 results • GAAP Revenue Increases 6%; Underlying Revenue Rises 5% • Growth in GAAP Operating Income of 11% and Adjusted Operating Income of 12% • Third Quarter GAAP EPS Rises 3% to $1.51 and Adjusted EPS Increases 4% to $1.63 • Nine Months GAAP EPS Rises 10% to $6.59 and Adjusted EPS Increases 10% to $6.93 NEW YORK, October 17, 2024 – ...
Marsh & McLennan Pre-Q3 Earnings: Is it Time to Bet Big or Sit Tight?
ZACKS· 2024-10-15 16:30
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 ...
What Analyst Projections for Key Metrics Reveal About Marsh & McLennan (MMC) Q3 Earnings
ZACKS· 2024-10-14 14:24
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 ...