Marsh & McLennan MMC unveils its next round of earnings this Wednesday, August 3, 2011. Get prepared with Benzinga's ultimate preview for Marsh & McLennan's second quarter earnings.
Earnings and Revenue:
Analysts are looking ahead to a positive EPS of 48 cents per share and revenues of $2.82 billion. Whether the reported numbers beat or miss analysts' estimates, they will also be compared against last year's numbers for the same period, which were a profit of 46 cents per share on revenues of $2.61 billion. We'll have to wait for Wednesday to see if Marsh & McLennan has accomplished the estimated 4.3% rise in EPS and 8% increase in revenues on a year-over-year basis.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | $0.56 | $0.39 | $0.28 | $0.44 |
EPS Actual | $0.56 | $0.41 | $0.27 | $0.46 |
Stock Performance:
At last check, shares of Marsh & McLennan were trading at $29.30. Shares are up 9.5% year to date. For a full 12 months, the return has risen by 26.2%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for Marsh & McLennan is a Hold. This rating has strengthened slightly over the past ninety days.
Competitors:
Wondering how some of the other financials companies are doing? Here are a few of Marsh & McLennan's peers in that sector.
- Arthur J. Gallagher & AJG: Hold with a $0.42 recent quarter EPS
- Aon AON: Moderate Buy with a $0.80 recent quarter EPS
- Brown & Brown BRO: Hold with a $0.26 recent quarter EPS
- CNInsure CISG: Moderate Sell with a $0.25 recent quarter EPS
Marsh & McLennan is in the insurance brokerage industry, which has experienced price/earnings growth of 1.6%.
Finally, a description of the company's main areas of operation: Marsh & McLennan is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital.
Take Action:
Now that you have reviewed all the numbers, be ready to move if the upcoming Marsh & McLennan earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.
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