MMC Stock Recent News

Marsh & McLennan Companies, Inc. (NYSE:MMC ) Q2 2023 Earnings Call July 20, 2023 8:30 AM ET Company Participants John Q. Doyle - President and Chief Executive Officer Mark McGivney - Chief Financial Officer Nick Studer - President and Chief Executive Officer, Oliver Wyman Group Dean Klisura - President and Chief Executive Officer, Guy Carpenter Martine Ferland - President and Chief Executive Officer, Mercer Martin South - President and Chief Executive Officer, Marsh Conference Call Participants Elyse Greenspan - Wells Fargo Jimmy Bhullar - J.P.

Marsh & McLennan's (MMC) second-quarter results benefit on strong contributions from Risk and Insurance Services as well as Consulting units, partly offset by higher compensation and benefits.

Marsh & McLennan (MMC) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $1.89 per share a year ago.

Marsh & McLennan (MMC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

The second-quarter results of Marsh & McLennan (MMC) are likely to reflect strong international operations in the Risk and Insurance Services unit.

Marsh & McLennan Companies' (MMC) subsidiary strengthens its position in the healthcare industry through the acquisition of Trideo Systems.

Marsh & McLennan's (MMC) dividend hike reflects its strong capital position. Its cash generation capabilities are supported by its sustained solid operational performance.

Marsh & McLennan's (MMC) unit MMA acquires Kentucky-based Integrity HR to better serve its midsize clients and bolster its nationwide presence.

Marsh & McLennan (MMC) collaborates with the Ukrainian government to help it access the commercial insurance market.

Marsh & McLennan (MMC) is currently aided by higher insurance rates, its strong segmental performance and a tactical capital deployment record.