Marsh & McLennan Companies Reports Strong First Quarter 2020 Results
Marsh & McLennan Companies, Inc. (MMC)
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
marsh.com
Company Research
Source: Business Wire
Underlying Revenue Increases 5%GAAP Operating Income Rises 14% to $1.1 billionStrong Growth in Adjusted Operating Income of 15% to $1.2 billionGAAP EPS Rises 6% to $1.48 and Adjusted EPS Increases 8% to $1.64 NEW YORK--(BUSINESS WIRE)--Marsh & McLennan Companies, Inc. (NYSE:MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ended March 31, 2020.Dan Glaser, President and CEO, said, “Marsh & McLennan had an excellent first quarter. We marked the one-year anniversary of our acquisition of JLT and are realizing the benefits of the combination. In the quarter, we grew total revenue 14% and delivered strong underlying revenue growth of 5%, with underlying growth across both Risk and Insurance Services and Consulting. We also increased our adjusted operating income by 15%, adjusted margin by 80 basis points and adjusted EPS by 8%.Although the COVID-19 pandemic will affect all businesses in
Show less
Read more
Impact Snapshot
Event Time:
MMC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MMC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MMC alerts
High impacting Marsh & McLennan Companies, Inc. news events
Weekly update
A roundup of the hottest topics
MMC
News
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at Royal Bank of Canada from $208.00 to $210.00. They now have a "sector perform" rating on the stock.MarketBeat
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at Wells Fargo & Company from $212.00 to $213.00. They now have an "equal weight" rating on the stock.MarketBeat
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at Jefferies Financial Group Inc. from $197.00 to $208.00. They now have a "hold" rating on the stock.MarketBeat
- Marsh & McLennan (MMC) Q1 Earnings Beat on Strong EMEA Unit [Yahoo! Finance]Yahoo! Finance
- Marsh & McLennan Companies (MMC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
MMC
Earnings
- 4/18/24 - Beat
MMC
Sec Filings
- 4/18/24 - Form 10-Q
- 4/18/24 - Form 8-K
- 4/3/24 - Form 4
- MMC's page on the SEC website