Marsh & McLennan Q2 2024 Adj EPS $2.41 Beats $2.40 Estimate, Sales $6.221B Miss $6.306B Estimate
Portfolio Pulse from Benzinga Newsdesk
Marsh & McLennan reported Q2 2024 adjusted EPS of $2.41, beating the estimate of $2.40. However, sales were $6.221 billion, missing the estimate of $6.306 billion.
July 18, 2024 | 11:04 am
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Marsh & McLennan's Q2 2024 adjusted EPS of $2.41 beat the estimate of $2.40, but sales of $6.221 billion missed the $6.306 billion estimate. This mixed result may lead to short-term volatility in the stock price.
The beat on EPS is a positive sign, but the miss on sales could concern investors. The mixed results are likely to cause short-term volatility as the market digests the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100