earnings
confidence high
sentiment positive
materiality 0.75
Marsh McLennan Q1 revenue $5.5B (+9%); adj. EPS $2.30 (+16%)
MARSH & MCLENNAN COMPANIES, INC.
2022-Q1 EPS reported
$2.10
revenue$5,549,000,000
- GAAP EPS $2.10 (+10%); adjusted EPS $2.30 (+16%); underlying revenue +10%.
- Risk & Insurance Services revenue $3.5B (+10%); Marsh underlying +11%; Guy Carpenter +11%.
- Consulting revenue $2.0B (+7%); Oliver Wyman underlying +17%; Mercer +6%.
- Repurchased 3.2M shares for $500M; exiting Russian business transferred to local management.
- Adjusted operating income rose 12% to $1.6B; GAAP operating income +6% to $1.4B.