Marsh & McLennan Companies Inc expected to post earnings of $2.40 a share - Earnings Preview

Marsh & McLennan Companies

16/07/2024 14:44

* Marsh & McLennan Companies Inc  MMC.N   MMC  is expected
to show
a rise in quarterly revenue when it reports  results on July 18
for the period ending June 30 2024
    * The New York City-based  company is expected to report a
7.3% increase in revenue to $6.306 billion from $5.88 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data. (Sales/Revenue majority basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Marsh & McLennan
Companies Inc
is for earnings of $2.40 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 16
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Marsh &
McLennan
Companies Inc is $214.00​, below​ its last closing price
of $218.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  2.82        2.80       2.89      Beat    3.2
 Dec. 31 2024  1.63        1.63       1.68      Beat    3.2
 Sep. 30 2023  1.39        1.39       1.47      Beat    5.7​
 Jun. 30 2023  2.12        2.12       2.20      Beat    4
 ​​Mar.        2.48        2.47       2.53      Beat    2.3
 31 2023                                                
 Dec. 31 2022  1.40        1.41       1.47      Beat    4.2​
 Sep. 30 2022  1.14        1.14       1.18      Beat    3.2
 Jan. 1 0001   1.87        1.86       1.89      Beat    1.4
 This summary was machine generated July 16 at 13:44 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)