Marsh & McLennan Companies Inc reports results for the quarter ended December 31 - Earnings Summary

Marsh & McLennan Companies

30/01/2025 14:32

* Marsh & McLennan Companies Inc  MMC.N  reported quarterly
adjusted earnings of $1.87​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of $1.68.  The mean expectation of
nineteen analysts for the quarter was for earnings of $1.76 per
share. Wall Street expected results to range from $1.60 
to $1.82 per share.
    * Revenue rose 9.2% to $6.07 billion from a year ago;
analysts
expected $5.95 billion. 
    * Marsh & McLennan Companies Inc's reported EPS for the
quarter
was $1.59​.
    * The company reported quarterly net income of $788 million.
    * Marsh & McLennan Companies Inc shares had risen by 2.9%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, nine analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 14
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the multiline
insurance
& brokers peer group is also "hold"

Wall Street's median 12-month price target for Marsh & McLennan
Companies Inc is $233.00 
This summary was machine generated from LSEG data January 30 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.76           1.87           Beat
 Sep. 30 2024      1.61           1.63           Beat
 Jun. 30 2024      2.40           2.41           Beat
 Mar. 31 2024      2.80           2.89           Beat