Is a Beat in Store for Marsh & McLennan (MMC) in Q4 Earnings?

From Nasdaq:

Marsh & McLennan Companies, Inc. is expected to beat Q4 earnings estimates on Jan 25, before the market opens. The Zacks Consensus Estimate for EPS is $1.60, a 8.8% increase from last year, while revenue is estimated at $5.5 billion, a 9.9% rise. The company has a strong track record of beating estimates. Their positive Earnings ESP and Zacks Rank increases the likelihood of an earnings beat.

In Q3, MMC’s adjusted EPS of $1.57 surpassed estimates by 13.8%, driven by strong international operations and expanding revenues in their consulting unit. However, increased expenses partially offset the upside. For Q4, the company’s revenues are expected to be boosted by robust performance in its Risk and Insurance Services and Consulting segments.

The Risk and Insurance Services segment is expected to benefit from strong contributions from Marsh and Guy Carpenter, while the Consulting segment will be driven by the impressive performance of its sub-unit, Oliver Wyman. Several strategic acquisitions are expected to enhance their capabilities and expand their geographic presence. Additionally, Mercer and Oliver Wyman’s revenues both show significant growth according to Zacks Consensus Estimates, positioning the company for year-over-year growth and likely earnings beat.



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