Marsh & McLennan Q3 2024 Adj EPS $1.63 Beats $1.57 Estimate, Sales $5.697B Misses $5.702B Est
Portfolio Pulse from Benzinga Newsdesk
Marsh & McLennan reported Q3 2024 earnings per share of $1.63, surpassing the analyst estimate of $1.57. However, their sales of $5.697 billion slightly missed the $5.702 billion estimate. Despite the sales miss, both earnings and sales showed growth compared to the previous year.
October 17, 2024 | 10:58 am
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Marsh & McLennan's Q3 2024 earnings per share exceeded expectations, but sales slightly missed estimates. Both earnings and sales showed year-over-year growth.
The positive earnings surprise is likely to have a favorable impact on the stock price in the short term, as it indicates better-than-expected profitability. The slight sales miss is less significant given the overall growth in both earnings and sales compared to the previous year.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100