NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting, and a business of Marsh McLennan (NYSE:MMC) today announced the completion of its acquisition of SeaTec Consulting Inc. SeaTec will join CAVOK, a division of Oliver Wyman, focused on aviation services. For more than 20 years SeaTec has been a leading provider of consulting, engineering, and digital expertise across the aviation, aerospace and defense, and transportation industries. SeaTec's deep industry knowledge ...

Marsh & McLennan Companies, Inc. (MMC) has reported fourth-quarter 2023 adjusted earnings per share of $1.68, which beat the Zacks Consensus Estimate by 5%. The bottom line rose 14% year over year.Consolidated revenues improved 11% year over year to $5.6 billion in the quarter under review. The figure increased 7% on an underlying basis. Also, the top line outpaced the consensus mark by a whisker.The quarterly results have benefited from strong contributions from the Risk and Insurance Services, and Consult ...

Marsh & McLennan Companies, Inc. (NYSE:MMC) Q4 2023 Earnings Conference Call January 25, 2024 8:30 AM ET Company Participants John Doyle - President & CEO Mark McGivney - CFO Martin South - President & CEO, Marsh Dean Klisura - President & CEO, Guy Carpenter Nick Studer - President & CEO, Oliver Wyman Group Martine Ferland - President & CEO, Mercer Sarah DeWitt - Head of IR Conference Call Participants Elyse Greenspan - Wells Fargo Jimmy Bhullar - J.P. Morgan Michael Zaremski - BMO Capital Markets David Mot ...

For the quarter ended December 2023, Marsh & McLennan (MMC) reported revenue of $5.55 billion, up 10.6% over the same period last year. EPS came in at $1.68, compared to $1.47 in the year-ago quarter.The reported revenue represents a surprise of +0.62% over the Zacks Consensus Estimate of $5.52 billion. With the consensus EPS estimate being $1.60, the EPS surprise was +5.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

Marsh & McLennan (MMC) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $1.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5%. A quarter ago, it was expected that this global professional services firm providing strategy, risk and people solutions would post earnings of $1.38 per share when it actually produced earnings of $1.57, deliv ...

Investors are always looking for stocks that are poised to beat at earnings season and Marsh & McLennan Companies, Inc. (MMC) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Marsh & McLennan is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible ...

Analysts on Wall Street project that Marsh & McLennan (MMC) will announce quarterly earnings of $1.60 per share in its forthcoming report, representing an increase of 8.8% year over year. Revenues are projected to reach $5.52 billion, increasing 9.9% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 0.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estim ...

Marsh & McLennan Companies, Inc. (MMC) is poised to continue its earnings beat streak in the fourth quarter of 2023. The results are scheduled to be released on Jan 25, before the opening bell.What do the Estimates Say?The Zacks Consensus Estimate for fourth-quarter earnings per share (EPS) of $1.60 is indicative of an 8.8% increase from the year-ago quarter’s reported earnings of $1.47 per share. The consensus estimate for revenues is pegged at $5.5 billion, suggesting a rise of 9.9% from the year-ago quar ...

Shares of Marsh & McLennan Companies, Inc. (MMC) have jumped 14% in the past year compared with the 11.1% increase of the industry, courtesy of strong international operations of the Marsh business and contributions from the Consulting unit in the form of expanding Wealth, Health and Career solutions.Headquartered in New York, Marsh & McLennan is a leading insurance broker. MMC has a market cap of $96.6 billion and operates in 130 countries. Its strong Risk and Insurance Services segment and a highly active ...

Oliver Wyman Forum Finds Challenges Remain in Training Current and Future Workforces DAVOS, Switzerland, Jan. 16, 2024 /PRNewswire/ -- Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), announced today findings from a new report entitled "How Generative AI is Transforming Business and Society," released at the World Economic Forum Annual Meeting in Davos, Switzerland. The report, from Oliver Wyman's think tank, the Oliver Wyman Forum, found that more than half of employees globally now use generative ...