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Marsh & McLennan's (MMC) first-quarter results benefit on the back of solid Marsh business and higher revenues derived from Health and Wealth businesses, partly offset by higher compensation and benefits expenses.
Marsh & McLennan Companies, Inc. (NYSE:MMC ) Q1 2024 Earnings Conference Call April 18, 2024 8:30 PM ET Company Participants John Doyle - President & Chief Executive Officer Mark McGivney - Chief Financial Officer Martin South - Chief Executive Officer, Marsh Dean Klisura - Chief Executive Officer, Guy Carpenter Nick Studer - Chief Executive Officer, Oliver Wyman Pat Tomlinson - Chief Executive Officer, Mercer Conference Call Participants David Motemaden - Evercore ISI Jimmy Bhullar - JPMorgan Elyse Greenspan - Wells Fargo Greg Peters - Raymond James Michael Zaremski - BMO Capital Markets Yaron Kinar - Jefferies Meyer Shields - KBW Robert Cox - Goldman Sachs Operator Welcome to Marsh McLennan's Earnings Conference Call. Today's call is being recorded.
Marsh McLennan President and CEO John Doyle discusses first-quarter results that beat expectations and where he sees potential for further margin expansion. -------- More on Bloomberg Television and Markets Like this video?
While the top- and bottom-line numbers for Marsh & McLennan (MMC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Marsh & McLennan (MMC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Marsh & McLennan's (MMC) first-quarter results are likely to reflect decreasing rates in Workers' compensation and financial and professional liability rates and rising expenses.
Beyond analysts' top -and-bottom-line estimates for Marsh & McLennan (MMC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
Marsh & McLennan (MMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Marsh & McLennan (MMC) combines its CAVOK division and recently acquired SeaTec Consulting into Oliver Wyman Vector.
Marsh & McLennan (MMC) gains from strong segmental contribution, better rate hikes and solid growth in operating cash flows.