We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What Analyst Projections for Key Metrics Reveal About Marsh & McLennan (MMC) Q3 Earnings
Read MoreHide Full Article
In its upcoming report, Marsh & McLennan (MMC - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.61 per share, reflecting an increase of 2.6% compared to the same period last year. Revenues are forecasted to be $5.7 billion, representing a year-over-year increase of 5.9%.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Marsh & McLennan metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Revenue- Consulting' will reach $2.31 billion. The estimate points to a change of +4.6% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenue- Risk and Insurance services' should come in at $3.40 billion. The estimate suggests a change of +6.6% year over year.
Analysts predict that the 'Revenue- Risk and Insurance services- Guy Carpenter' will reach $381.98 million. The estimate points to a change of +6.4% from the year-ago quarter.
Analysts forecast 'Revenue- Risk and Insurance services- Fiduciary Interest Income' to reach $124.20 million. The estimate points to a change of -5.2% from the year-ago quarter.
Analysts expect 'Revenue- Risk and Insurance services- Marsh- APAC' to come in at $335.28 million. The estimate suggests a change of +7.8% year over year.
The collective assessment of analysts points to an estimated 'Revenue- Risk and Insurance services- Marsh- EMEA' of $737.03 million. The estimate indicates a change of +6.5% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenue- Risk and Insurance services- Marsh- US and Canada' should arrive at $1.69 billion. The estimate indicates a year-over-year change of +7.9%.
The consensus estimate for 'Revenue- Risk and Insurance services- Marsh- Latin America' stands at $142.09 million. The estimate indicates a year-over-year change of +6%.
It is projected by analysts that the 'Organic/Underlying Revenue Growth - Consolidated' will reach 5.3%. Compared to the present estimate, the company reported 10% in the same quarter last year.
The combined assessment of analysts suggests that 'Organic/Underlying Revenue Growth - Total Risk and Insurance Service' will likely reach 5.9%. The estimate is in contrast to the year-ago figure of 11%.
Analysts' assessment points toward 'Organic/Underlying Revenue Growth - Guy Carpenter' reaching 6.5%. The estimate is in contrast to the year-ago figure of 8%.
The average prediction of analysts places 'Organic/Underlying Revenue Growth - Total Consulting' at 5.1%. Compared to the current estimate, the company reported 9% in the same quarter of the previous year.
Over the past month, Marsh & McLennan shares have recorded returns of -2% versus the Zacks S&P 500 composite's +4.9% change. Based on its Zacks Rank #3 (Hold), MMC will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
What Analyst Projections for Key Metrics Reveal About Marsh & McLennan (MMC) Q3 Earnings
In its upcoming report, Marsh & McLennan (MMC - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.61 per share, reflecting an increase of 2.6% compared to the same period last year. Revenues are forecasted to be $5.7 billion, representing a year-over-year increase of 5.9%.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Marsh & McLennan metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Revenue- Consulting' will reach $2.31 billion. The estimate points to a change of +4.6% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenue- Risk and Insurance services' should come in at $3.40 billion. The estimate suggests a change of +6.6% year over year.
Analysts predict that the 'Revenue- Risk and Insurance services- Guy Carpenter' will reach $381.98 million. The estimate points to a change of +6.4% from the year-ago quarter.
Analysts forecast 'Revenue- Risk and Insurance services- Fiduciary Interest Income' to reach $124.20 million. The estimate points to a change of -5.2% from the year-ago quarter.
Analysts expect 'Revenue- Risk and Insurance services- Marsh- APAC' to come in at $335.28 million. The estimate suggests a change of +7.8% year over year.
The collective assessment of analysts points to an estimated 'Revenue- Risk and Insurance services- Marsh- EMEA' of $737.03 million. The estimate indicates a change of +6.5% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenue- Risk and Insurance services- Marsh- US and Canada' should arrive at $1.69 billion. The estimate indicates a year-over-year change of +7.9%.
The consensus estimate for 'Revenue- Risk and Insurance services- Marsh- Latin America' stands at $142.09 million. The estimate indicates a year-over-year change of +6%.
It is projected by analysts that the 'Organic/Underlying Revenue Growth - Consolidated' will reach 5.3%. Compared to the present estimate, the company reported 10% in the same quarter last year.
The combined assessment of analysts suggests that 'Organic/Underlying Revenue Growth - Total Risk and Insurance Service' will likely reach 5.9%. The estimate is in contrast to the year-ago figure of 11%.
Analysts' assessment points toward 'Organic/Underlying Revenue Growth - Guy Carpenter' reaching 6.5%. The estimate is in contrast to the year-ago figure of 8%.
The average prediction of analysts places 'Organic/Underlying Revenue Growth - Total Consulting' at 5.1%. Compared to the current estimate, the company reported 9% in the same quarter of the previous year.
View all Key Company Metrics for Marsh & McLennan here>>>
Over the past month, Marsh & McLennan shares have recorded returns of -2% versus the Zacks S&P 500 composite's +4.9% change. Based on its Zacks Rank #3 (Hold), MMC will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>