MMC Earnings Prediction
The chart below shows how MMC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MMC sees a -1.35% change in stock price 10 days leading up to the earnings, and a +0.38% change 10 days following the report. On the earnings day itself, the stock moves by +0.16%. This data can give you a slight idea of what to expect for the next quarter's release.
MMC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
5.70B
5.85%
-8.42%
Gross Margin
--
--
--
Operating Margin
20.75%
5.65%
-24.38%
Net Margin
13.20%
-3.72%
-27.99%
EPS
1.51
3.42%
-33.48%
No Data Available
MMC Earnings Analysis
Marsh & McLennan Companies, Inc. Corporation (MMC.N) Earnings Conference Call
Positive
Underlying Revenue Growth: We generated 5% underlying revenue growth following 10% in the third of last year, reflecting solid execution in RIS and Consulting.
Adjusted Operating Income Increase: We grew adjusted operating income 12%.
Operating Margin Expansion: Our adjusted operating margin expanded 110 basis points, adjusted EPS grew 4% or 11%, excluding a discrete tax benefit in the Q3 of last year and we completed $300 million of share repurchases in the quarter.
Acquisition Announcement: We were thrilled to announce the acquisition of McGriff Insurance Services.
Operating Income and Margin Growth: Overall in the third quarter, adjusted operating income grew 12% and our adjusted operating margin expanded 110 basis points year-over-year.
Negative
Underlying Revenue Growth: We generated 5% underlying revenue growth following 10% in the third of last year, reflecting solid execution in RIS and Consulting.
Adjusted Operating Income Increase: We grew adjusted operating income 12%.
Operating Margin Expansion: Our adjusted operating margin expanded 110 basis points, adjusted EPS grew 4% or 11%, excluding a discrete tax benefit in the Q3 of last year and we completed $300 million of share repurchases in the quarter.
Insurance Market Index Decline: The Marsh Global Insurance Market Index was down 1% overall in the third quarter versus flat in the second quarter.
Rate Increase Trends: Rates in the U.S. and Latin America were up low-single-digits.
MMC FAQs
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MMC Earning Call Sentiment
Marsh & McLennan Companies, Inc. (MMC) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
MMC.N
2.23%Positive
The earnings call presents a mix of positives and negatives. Financial performance shows growth in revenue, EPS, and operating margins, but with lower growth rates than the previous year. Shareholder returns are positive, with increased dividends but paused share repurchases. The Q&A reveals management's reluctance to provide detailed guidance, raising uncertainties. Despite optimistic guidance for 2024, rising interest expenses and market volatility are concerns. The neutral sentiment reflects a balance between growth prospects and uncertainties, suggesting a stock price movement between -2% to 2% over the next two weeks.