Marsh & McLennan Companies, Inc. (MMC) is scheduled to release fourth-quarter 2024 results on Jan. 30, before the opening bell. The Zacks Consensus Estimate for the quarterly earnings per share is pegged at $1.75, which indicates a 4.2% rise from the prior-year quarter’s number. See the Zacks Earnings Calendar to stay ahead of market-making news.The fourth-quarter earnings estimate has moved south by a cent over the past 30 days. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $5.9 billion ...

The market expects Marsh & McLennan (MMC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 30, 2025, might help the stock move higher if these key numb ...

Marsh & McLennan Companies, Inc. (MMC) , operating in the insurance brokerage space, is currently considered relatively overvalued, trading at a trailing 12-month price/book (P/B) of 7.47X. This figure is higher than the broader Insurance- Brokerage average of 6.72X. Other industry players, such as Arthur J. Gallagher & Co. (AJG) and Brown & Brown, Inc. (BRO) , are trading at 5.74X and 4.48X P/B, respectively. Given MMC’s premium valuation, we need to carefully assess this stock’s key drivers and growth pro ...

Acquisition and Strategic Growth - Marsh McLennan Agency (MMA) acquired Acumen Solutions Group LLC, a full-service insurance agency specializing in construction, real estate, and aviation sectors, to deepen expertise and expand its client base [1] - The acquisition strengthens MMA's presence in the Northeast market and enriches its service portfolio, leveraging Acumen's specialized knowledge and Marsh McLennan's resources [2] - This move positions MMA as a stronger player in the competitive insurance sector, following the acquisition of McGriff Insurance Services in November 2024, which enhanced capabilities in the middle-market segment [3] - Acquisitions are a key pillar of Marsh & McLennan's growth strategy, with $1 billion spent on acquisitions in the first nine months of 2024, up from $619 million in the prior-year period [4] Financial Performance and Market Position - Marsh revenues grew 9% year over year in the third quarter of 2024, driven by strategic acquisitions and enhanced service offerings [2] - Shares of Marsh & McLennan gained 10.4% in the past year, underperforming the industry's 27.3% growth [5] Industry Comparison and Peer Performance - Horace Mann Educators Corporation (HMN) is expected to see a 66.2% rise in 2024 earnings and a 7.6% improvement in revenues, with an average earnings surprise of 4.6% in the last four quarters [8] - Brown & Brown, Inc. (BRO) is projected to achieve a 33.1% increase in 2024 earnings and an 11.2% rise in revenues, with an average earnings surprise of 6.87% in the last four quarters [9] - Radian Group Inc. (RDN) is anticipated to experience a 3.1% growth in 2024 earnings and a 6.4% improvement in revenues, with an average earnings surprise of 17.65% in the last four quarters [10]

Marsh & McLennan Companies, Inc. (MMC) is well-poised for growth on the back of sustained revenue increase, new business growth, frequent buyouts and adequate cash-generating abilities.MMC’s Zacks Rank & Price RallyMarsh & McLennan currently carries a Zacks Rank #3 (Hold).The stock has gained 18.1% in the past year.Image Source: Zacks Investment ResearchMMC’s Robust Growth ProspectsThe Zacks Consensus Estimate for Marsh & McLennan’s 2024 earnings is pegged at $8.68 per share, indicating a 8.6% increase from ...

Octaviant Financial Announces Strategic Initiative with Starr InsuranceNovember 21, 2024 12:26 PM EST | Source: Reportable, Inc.New Brunswick, New Jersey--(Newsfile Corp. - November 21, 2024) - Octaviant Financial, Inc. (OFX), a recognized innovator in drug warranty and payment models, announced today that Starr Insurance will join Octaviant and Marsh, the world’s leading insurance broker and risk advisor, in offering drug warranty services that enable pharmaceutical companies to stand behind ...

Marsh & McLennan Companies, Inc. (MMC) recently completed its acquisition of McGriff Insurance Services, integrating more than 3,500 McGriff employees into its Marsh McLennan Agency (“MMA”) division, one of its higher growth areas. This move is expected to enhance MMA’s capabilities, particularly in the middle-market segment, and expand its reach.The acquisition will likely strengthen Marsh & McLennan’s risk management, insurance, and broking services while leveraging McGriff’s expertise and talent. It is e ...

Marsh & McLennan MMC reported better-than-expected third-quarter earnings on Thursday. Marsh & McLennan reported quarterly earnings of $1.63 per share which beat the analyst consensus estimate of $1.57 per share. The company reported quarterly sales of $5.70 billion which met the analyst consensus estimate. John Doyle, President and CEO, said: "This was a milestone quarter for Marsh MeLeman as we delivered strong results and announced the acquisition of McGriff Insurance Services. Our performance demonstrat ...

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________________ FORM 10-Q _____________________________________________ (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from________ to________. ____________________________________________ Marsh & McL ...

Marsh & McLennan Companies, Inc. (NYSE:MMC) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Company Participants John Doyle - President and CEO Mark McGivney - CFO Nick Studer - President & CEO, Oliver Wyman Group Martin South - President & CEO, Marsh Dean Klisura - President & CEO, Guy Carpenter Conference Call Participants Elyse Greenspan - Wells Fargo Jimmy Bhullar - JPMorgan Greg Peters - Raymond James Mike Zaremski - BMO Capital Markets Brian Meredith - UBS Grace Carter - Bank of America R ...