Marsh & McLennan Q1 2024 Adj EPS $2.89 Beats $2.80 Estimate, Sales $6.473B Beat $6.391B Estimate
Portfolio Pulse from Benzinga Newsdesk
Marsh & McLennan reported Q1 2024 adjusted EPS of $2.89, surpassing the $2.80 estimate, with sales of $6.473B exceeding the $6.391B forecast, marking a 9.27% year-over-year increase.
April 18, 2024 | 11:01 am
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POSITIVE IMPACT
Marsh & McLennan's Q1 2024 earnings and sales exceeded analyst expectations, showing significant year-over-year growth.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported year-over-year sales growth further strengthens the company's financial position and market confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100