Marsh & McLennan Q3 revenue beats on international risk unit strength

Marsh & McLennan Companies

15/10/2026 12:08

Overview
Global risk and consulting firm's Q3 revenue grew 8%, beating analyst expectations
Adjusted EPS for Q3 rose 10%, beating analyst expectations
Company repurchased $500 mln in shares during Q3

Outlook
Company did not provide specific financial guidance for the current or future periods

Result Drivers
INTERNATIONAL GROWTH - Co said international risk segment revenue grew 6% on an underlying basis, with EMEA up 7% and Asia Pacific up 4%
CONSULTING SEGMENT - Consulting segment revenue rose 8% on an underlying basis, with operating income up 12%
INVESTMENTS AND RETIREMENT - Investments and Retirement revenue grew 8% on an underlying basis

Company press release: ID:nBwc8tTNa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$6.86 bln
$6.64 bln (16 Analysts)
Q3 Adjusted EPS
Beat
$2.03
$1.97 (23 Analysts)
Q3 EPS
 
$1.69
 
Q3 Operating Expenses
 
$5.65 bln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 17 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the multiline insurance & brokers peer group is "hold"
Wall Street's median 12-month price target for Marsh & McLennan Companies, Inc. is $200.00, about 12.1% above its October 14 closing price of $178.40
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago

Reuters Recommended Reads
Oct 13 - Robinson: Skyward's non-cyclical business reaches 50% as P&C market softening accelerates
Oct 13 - Amwins Global Risks broadens C&I facility to include BESS and EV charging infrastructure

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)