Marsh & McLennan (MMC) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $2.39 per share. This compares to earnings of $2.20 per share a year ago.
Marsh & McLennan's (MMC) second-quarter results are likely to reflect strong performance in all segments amid higher operating expenses.
This increase reflects Marsh & McLennan's (MMC) 14th consecutive year of dividend increases and underscores its commitment to returning capital to shareholders.
Marsh & McLennan's (MMC) unit, MMA, is set to enhance its risk management capabilities with the acquisition of Horton. This strategic move is part of MMA's ongoing expansion strategy.
The acquisitions of AmeriStar Agency, Hudson Shore Group and Veritas Total Solutions are set to bolster Marsh & McLennan's (MMC) growth, expertise and competitive edge in diverse sectors.
Marsh & McLennan (MMC) is well-poised for growth on the back of rising demand for services, revenue growth and margin expansion outlook.
Marsh & McLennan's (MMC) sub-unit, Oliver Wyman, is set to acquire Veritas Total Solutions, enhancing its commodity trading advisory services.
Marsh & McLennan (MMC) agrees to acquire Cardano in a bid to expand its offerings in the UK and the Netherlands.
Marsh & McLennan delivered strong Q1 FY24 results, with 9% organic revenue growth and 14% adjusted EPS growth. The company's strategic focus on high-growth areas such as digital, climate resilience, sustainability, cyber, and affordable healthcare is driving its growth momentum. MMC is expected to continue benefiting from insurance premium growth and achieve strong margin expansion in FY24.
Marsh & McLennan (MMC) unit Marsh acquires FBBINSURANCE of Mississippi to further strengthen its risk management services suite and Southeast presence.
The acquisition is expected to boost Marsh & McLennan's (MMC) footprint in the West Texas market and enhance its service offerings.
Marsh & McLennan's (MMC) report emphasizes the role of AI in transforming leisure travel.