secwatch.observer — SEC 8-K summary
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Issuer:     MARSH & MCLENNAN COMPANIES, INC. (MRSH)
CIK:        0000062709
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0000062709-23-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marsh McLennan Q1 2023: revenue $5.9B (+7%), adj. EPS $2.53 (+10%)
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- GAAP revenue $5.9B, +7% YoY; underlying revenue +9%; operating income $1.7B, +19%.
- GAAP EPS $2.47 (+18%); adjusted EPS $2.53 (+10%) vs $2.30 year ago.
- Risk & Insurance Services revenue $3.9B (+10%); underlying +11%; Marsh underlying +9%.
- Consulting revenue $2.0B (+1%); underlying +5%; Mercer underlying +7%, Oliver Wyman flat.
- Repurchased 1.8M shares for $300M; issued $600M 30-yr senior notes in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62709/000006270923000033/0000062709-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62709/000006270923000033/mmc-20230420.htm
  HTML page:      https://secwatch.observer/filing/0000062709-23-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer