Marsh & McLennan Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Marsh & McLennan Companies, Inc. MMC is set to release earnings results for its first quarter before the opening bell on April 18, 2024.

Analysts expect the New York-based company to report quarterly earnings at $2.80 per share, up from $2.53 per share in the year-ago period. Marsh & McLennan is projected to report quarterly revenue of $6.39 billion, compared to $5.92 billion in the year-earlier quarter, according to data from Benzinga Pro.

On March 13, Marsh McLennan declared a quarterly dividend of 71 cents per share on outstanding common stock, payable on May 15, 2024 to stockholders of record on April 4, 2024.

Marsh & McLennan shares rose 0.7% to close at $197.62 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Piper Sandler analyst Paul Newsome downgraded the stock from Overweight to Neutral with a price target of $211 on April 17, 2024. This analyst has an accuracy rate of 76%.
• Wells Fargo analyst Elyse Greenspan downgraded the stock from Overweight to Equal-Weight with a price target of $212 on April 11, 2024. This analyst has an accuracy rate of 75%.
• Evercore ISI Group analyst David Motemaden maintained an Outperform rating and raised the price target from $212 to $218 on April 11, 2024. This analyst has an accuracy rate of 67%.
• Keefe, Bruyette & Woods analyst Meyer Shields maintained an Underperform rating and boosted the price target from $185 to $188 on April 10, 2024. This analyst has an accuracy rate of 71%.
• JP Morgan analyst Jimmy Bhullar maintained a Neutral rating and increased the price target from $190 to $198 on April 8, 2024. This analyst has an accuracy rate of 61%.

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