Education
About Us
Working with TipRanks
Follow Us
Marsh & Mclennan Companies (MMC)
NYSE:MMC
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
3.06Last Year’s EPS
2.89Same Quarter Last Year
Based on 13 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Jan 30, 2025
|% Change Since: 9.60%
|Next Earnings Date:Apr 17, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance for Marsh McLennan in 2024, marked by record revenue and significant acquisitions. However, challenges such as the impact of the California wildfires and a decline in fiduciary income posed concerns. Despite these issues, the company demonstrated resilience and strategic growth, leading to a cautiously optimistic outlook for 2025.Company Guidance
During the call, Marsh McLennan provided guidance for 2025, emphasizing expectations for mid-single-digit underlying revenue growth, margin expansion, and solid growth in adjusted EPS. In 2024, the company achieved notable financial metrics, including an 8% increase in total revenue to $24.5 billion and an 11% rise in adjusted operating income to $6.2 billion. The adjusted operating margin expanded by 80 basis points, marking the 17th consecutive year of reported margin expansion, while adjusted EPS grew by 10%. The company also highlighted a record year of capital deployment, with $9.4 billion invested in acquisitions, including the $7.75 billion acquisition of McGriff. For 2025, Marsh McLennan anticipates continued growth despite expected headwinds from fiduciary income and foreign exchange impacts, with a focus on maintaining financial flexibility and executing its growth strategy.Record Year for Revenue and Growth
Total revenue grew 8% to $24.5 billion with 7% underlying revenue growth. Adjusted operating income grew 11% to $6.2 billion, with a 10% increase in adjusted EPS.
Largest Year of Acquisitions
Invested $9.4 billion in acquisitions, marking the largest year in Marsh McLennan's history. Notable acquisition includes McGriff for $7.75 billion.
Strong Performance in Risk and Insurance Services
Fourth quarter revenue in Risk and Insurance Services increased 11%, with an 8% underlying growth.
Consulting Growth
Fourth quarter consulting revenue up 6% on a GAAP and underlying basis. Full year consulting revenue was $9.1 billion with underlying growth of 6%.
---
MMC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
MMC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 30, 2025 | $218.50 | $220.83 | +1.07% |
| Oct 17, 2024 | $227.06 | $226.08 | -0.43% |
| Jul 18, 2024 | $218.21 | $215.01 | -1.47% |
| Apr 18, 2024 | $195.43 | $199.49 | +2.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Marsh & Mclennan Companies (MMC) report earnings?
Marsh & Mclennan Companies (MMC) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Marsh & Mclennan Companies (MMC) earnings time?
Marsh & Mclennan Companies (MMC) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MMC EPS forecast?
MMC EPS forecast for the fiscal quarter 2025 (Q1) is 3.06.
---