Marsh & McLennan (MMC) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - Marsh & McLennan (MMC) reported quarterly earnings of $1.85 per share, exceeding the Zacks Consensus Estimate of $1.79 per share, and up from $1.63 per share a year ago [1] - The company achieved revenues of $6.35 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.54% and increasing from $5.7 billion year-over-year [3] Earnings Performance - The earnings surprise for the quarter was +3.35%, and the company has surpassed consensus EPS estimates in all four of the last quarters [2] - The previous quarter also saw an earnings surprise of +2.26%, with actual earnings of $2.72 per share against an expectation of $2.66 [2] Future Outlook - Current consensus EPS estimate for the upcoming quarter is $1.97 on revenues of $6.59 billion, and for the current fiscal year, it is $9.55 on revenues of $26.94 billion [8] - The estimate revisions trend prior to the earnings release was unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [7] Industry Context - Marsh & McLennan operates within the Zacks Insurance - Brokerage industry, which is currently ranked in the top 39% of over 250 Zacks industries [9] - The industry has shown a strong correlation between near-term stock movements and earnings estimate revisions, suggesting that industry performance can significantly impact individual stock performance [6][9]