MMC Stock Recent News

While the top- and bottom-line numbers for Marsh & McLennan (MMC) give a sense of how the business performed in the quarter ended June 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) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $2.39 per share. This compares to earnings of $2.20 per share a year ago.

Marsh & McLennan's (MMC) second-quarter results are likely to reflect strong performance in all segments amid higher operating expenses.

This increase reflects Marsh & McLennan's (MMC) 14th consecutive year of dividend increases and underscores its commitment to returning capital to shareholders.

Marsh & McLennan's (MMC) unit, MMA, is set to enhance its risk management capabilities with the acquisition of Horton. This strategic move is part of MMA's ongoing expansion strategy.

The acquisitions of AmeriStar Agency, Hudson Shore Group and Veritas Total Solutions are set to bolster Marsh & McLennan's (MMC) growth, expertise and competitive edge in diverse sectors.

HOUSTON , July 2, 2024 /PRNewswire/ -- Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today announced the completion of its acquisition of Veritas Total Solutions, a commodity trading advisory firm with deep technical expertise in risk, systems, analytics, and AI. The combination of Oliver Wyman and Veritas will provide commodity trading businesses with an unparalleled level of trading optimization expertise.

AVON, Conn.--(BUSINESS WIRE)--Specialist managing general underwriter in the global energy transition, New Energy Risk (“NER”), a wholly owned division of Paragon Insurance Group, and leading insurer Westfield Syndicate have announced the launch of a new Lloyd's lineslip focused on providing technology performance insurance and other innovative insurance products to the energy transition space. With the additional capacity available under the lineslip, NER continues to expand its platform to ac.

David Jacob, CEO of the professional services firm, says the U.S.' use of tariffs as part of its trade policy arsenal is "part of the permacrisis that we live in."

Marsh & McLennan (MMC) is well-poised for growth on the back of rising demand for services, revenue growth and margin expansion outlook.