The earnings call reflects a mixed sentiment with positive revenue growth and successful acquisition integration offset by challenges from declining property rates and macroeconomic uncertainties. The company's solid growth and strategic acquisitions are tempered by cautious outlooks due to economic volatility.

Company Guidance -

Q2 2025

During Marsh McLennan's first quarter 2025 earnings call, the company reported a 9% growth in revenue, with underlying revenue increasing by 4%, despite challenges such as lower fiduciary interest income and a tough comparison to a strong Q1 in the previous year. Adjusted operating income rose by 8%, though the adjusted operating margin declined by 20 basis points due to seasonality at McGriff. Adjusted EPS grew by 5%, reaching $3.06. The company highlighted ongoing trade negotiations and macroeconomic uncertainties impacting consumer and business confidence, with potential inflationary effects on the cost of risk in the insurance industry. Marsh McLennan expects mid-single-digit underlying revenue growth, margin expansion, and solid adjusted EPS growth for the full year, while navigating market volatility and leveraging its expertise to support clients through challenges.

Solid Revenue Growth

Marsh McLennan reported a 9% increase in consolidated revenue in the first quarter to $7.1 billion, with underlying growth of 4%.

Adjusted Operating Income and EPS Growth

Adjusted operating income increased by 8% to $2.2 billion, and adjusted EPS grew by 5% to $3.06.

Successful McGriff Acquisition

The McGriff acquisition integration is on track, contributing positively to the company's performance and expected to be accretive to adjusted EPS for full year 2025.

Strong Performance in Latin America

Latin America recorded 8% growth, supported by strong new business in the region.

Record Cat Bond Issuance

Guy Carpenter achieved a record quarter for cat bond issuance, placing eight discrete bonds totaling $1.8 billion in limit.

Marsh & Mclennan Companies (MMC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MMC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 17, 2025	2025 (Q2)	2.68 / -	2.41	―	―	―
Apr 17, 2025	2025 (Q1)	3.02 / 3.06	2.89	5.88% (+0.17)
Jan 30, 2025	2024 (Q4)	1.76 / 1.87	1.68	11.31% (+0.19)
Oct 17, 2024	2024 (Q3)	1.62 / 1.63	1.57	3.82% (+0.06)	―
Jul 18, 2024	2024 (Q2)	2.40 / 2.41	2.2	9.55% (+0.21)
Apr 18, 2024	2024 (Q1)	2.80 / 2.89	2.53	14.23% (+0.36)
Jan 25, 2024	2023 (Q4)	1.63 / 1.68	1.47	14.29% (+0.21)
Oct 19, 2023	2023 (Q3)	1.39 / 1.57	1.18	33.05% (+0.39)
Jul 20, 2023	2023 (Q2)	2.12 / 2.20	1.89	16.40% (+0.31)
Apr 20, 2023	2023 (Q1)	2.48 / 2.53	2.3	10.00% (+0.23)

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
Apr 17, 2025	$231.32	$220.07	-4.86%
Jan 30, 2025	$217.76	$220.09	+1.07%
Oct 17, 2024	$226.30	$225.32	-0.43%
Jul 18, 2024	$217.48	$214.29	-1.47%

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 Jul 17, 2025, Before Open (Confirmed).

What is Marsh & Mclennan Companies (MMC) earnings time?

Marsh & Mclennan Companies (MMC) earnings time is at Jul 17, 2025, Before Open (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 (Q2) is 2.68.

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