Core Insights - Marsh & McLennan (MMC) reported $6.97 billion in revenue for the quarter ended June 2025, a year-over-year increase of 12.1% and an EPS of $2.72 compared to $2.41 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] Financial Performance - The reported revenue of $6.97 billion surpassed the Zacks Consensus Estimate of $6.92 billion, resulting in a surprise of +0.75% [1] - EPS also exceeded expectations with a surprise of +2.26%, as the consensus EPS estimate was $2.66 [1] Key Metrics - Organic/Underlying Revenue Growth for Total Risk and Insurance Service was 4%, slightly below the average estimate of 4.5% [4] - Organic/Underlying Revenue Growth for Consolidated was 4%, compared to the estimated 4.3% [4] - Organic/Underlying Revenue Growth for Guy Carpenter was 5%, exceeding the average estimate of 4.2% [4] - Organic/Underlying Revenue Growth for Total Marsh was 5%, close to the average estimate of 5.2% [4] Regional Revenue Breakdown - Revenue from Risk and Insurance services in APAC was $409 million, matching the average estimate of $409.54 million, with a year-over-year change of +4.6% [4] - Revenue from Risk and Insurance services in EMEA was $1.01 billion, surpassing the estimated $964.12 million, reflecting a +10.3% year-over-year change [4] - Revenue from Risk and Insurance services in the US and Canada was $2.3 billion, aligning with the average estimate, showing a significant year-over-year increase of +26.1% [4] - Revenue from Risk and Insurance services in Latin America was $132 million, below the estimated $143.49 million, indicating a -3.7% year-over-year change [4] Consulting Revenue - Revenue from Consulting was $2.37 billion, exceeding the average estimate of $2.34 billion, with a year-over-year change of +7% [4] Overall Revenue Performance - Total revenue from Risk and Insurance services was $4.63 billion, slightly above the estimated $4.61 billion, representing a +15% year-over-year change [4] - Revenue from Fiduciary Interest Income was $99 million, below the average estimate of $101.24 million, reflecting a significant year-over-year decline of -20.8% [4] - Corporate eliminations reported a revenue of -$22 million, worse than the average estimate of -$16.05 million, but showing a year-over-year change of +29.4% [4] Stock Performance - Shares of Marsh & McLennan have returned -1.1% over the past month, while the Zacks S&P 500 composite increased by +4.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Viewpoint - Analysts expect Marsh & McLennan (MMC) to report quarterly earnings of $2.67 per share, reflecting a year-over-year increase of 10.8%, with revenues projected at $6.91 billion, up 11.1% from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised 0.2% higher over the last 30 days, indicating a collective reevaluation by analysts [1][2] Revenue Projections - Revenue from Consulting is expected to reach $2.34 billion, indicating a year-over-year change of +5.4% [4] - Revenue from Risk and Insurance services is projected at $4.60 billion, reflecting a change of +14.4% from the prior-year quarter [4] - Revenue from Risk and Insurance services - Fiduciary Interest Income is estimated at $101.24 million, showing a decline of -19% from the previous year [4] - Revenue from Risk and Insurance services - Guy Carpenter is expected to be $662.32 million, indicating a +4.8% year-over-year change [5] - Revenue from Risk and Insurance services - Marsh - APAC is projected at $409.93 million, also reflecting a +4.8% change [5] - Revenue from Risk and Insurance services - Marsh - EMEA is estimated at $964.12 million, indicating a +5.7% change [6] - Revenue from Risk and Insurance services - Marsh - US and Canada is forecasted to reach $2.31 billion, suggesting a significant increase of +26.4% year over year [6] - Revenue from Risk and Insurance services - Marsh - Latin America is expected to be $143.49 million, reflecting a +4.7% change [7] Organic Revenue Growth - Organic/Underlying Revenue Growth for Total Risk and Insurance Service is expected to be 4.5%, down from 7.0% reported in the same quarter last year [7] - Organic/Underlying Revenue Growth for Consolidated is estimated at 4.4%, compared to 6.0% in the previous year [8] - Organic/Underlying Revenue Growth for Guy Carpenter is projected at 4.2%, contrasting with the year-ago figure of 11.0% [8] - Organic/Underlying Revenue Growth for Total Marsh is expected to be 5.2%, down from 7.0% reported last year [9] Stock Performance - Over the past month, shares of Marsh & McLennan have returned -2.6%, while the Zacks S&P 500 composite has changed by +4% [10] - MMC currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [10]