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Marsh & McLennan Beats Q3 Estimates on Broad Segment Growth

Marsh & McLennan outperformed market expectations this quarter, reporting $6.86 billion in revenue and adjusted earnings of $2.03 per share. The professional services firm saw consistent demand across its primary business lines, comfortably clearing the $1.97 per-share profit target set by analysts surveyed by FactSet.

Marsh & McLennan Beats Q3 Estimates on Broad Segment Growth

The company’s bottom line swelled to $808 million, or $1.69 per share, marking a significant increase from the $747 million, or $1.51 per share, recorded during the same period last year. Total revenue climbed 8% year-over-year, surpassing the consensus forecast of $6.64 billion.

Driving these results, the risk and insurance services division generated $4.2 billion in sales, a 7% increase. Meanwhile, the consulting segment proved even more robust, delivering $2.7 billion in revenue—a 9% jump that further solidified the company's fiscal performance.

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