Marsh & McLennan Q4 Adjusted EPS $1.68 Beats $1.63 Estimate, Sales $5.55B Beat $5.54B Estimate
Portfolio Pulse from Benzinga Newsdesk
Marsh & McLennan (NYSE:MMC) reported Q4 adjusted EPS of $1.68, surpassing the $1.63 estimate, and sales of $5.55B, slightly above the $5.54B estimate. These figures represent a 14.29% increase in EPS and a 10.59% increase in sales compared to the same period last year.
January 25, 2024 | 12:01 pm
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POSITIVE IMPACT
Marsh & McLennan reported higher-than-expected Q4 earnings and sales, indicating strong financial performance and potential investor confidence.
Beating both earnings and sales estimates typically generates positive investor sentiment, which can lead to a short-term increase in stock price. The reported growth compared to the previous year further strengthens the company's financial outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100