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Free Post Earnings Research Report: Marsh & McLennan’s Revenue Jumped 7%; Adjusted EPS Advanced 14%

Stock
Monitor: Crawford Post Earnings Reporting

LONDON, UK / ACCESSWIRE / November 27,
2017 / Active-Investors free earnings report on Marsh & McLennan
Cos., Inc. (NYSE: MMC) has freshly been issued to its members, and you can also
sign up to view this report at www.active-investors.com/registration-sg/?symbol=MMC.
The Company reported its third quarter fiscal 2017 operating results on October
26, 2017. The global professional services firm providing strategy, risk, and
people solutions outperformed top- and bottom-line expectations. Register today
and get free access to our complimentary member’s area where many more reports
are available: www.active-investors.com/registration-sg.

Active-Investors.com is currently
working on the research report for Crawford & Company (NYSE: CRD-B), which
also belongs to the Financial sector as the Company Marsh & McLennan. Do
not miss out and become a member today for free to access this upcoming report
at: www.active-investors.com/registration-sg/?symbol=CRD-B.

Active-Investors.com
is focused on giving you timely information and the inside line on companies
that matter to you. This morning, Marsh & McLennan most
recent news is on our radar and we have decided to include it on our blog post.
Today’s free coverage is available at: www.active-investors.com/registration-sg/?symbol=MMC.

Earnings
Highlights and Summary

Marsh & McLennan’s
consolidated revenue increased 7% to $3.34 billion in Q3 2017 compared to $3.14
billion in Q3 2016. On an underlying basis, the Company’s revenue increased 3%
on a y-o-y basis. Marsh & McLennan’s revenue numbers topped analysts’ estimates of $3.33 billion.

For Q3 2017, Marsh &
McLennan’s operating income increased 4% to $597 million from $572 million in
Q3 2016. The Company’s adjusted operating income advanced 11% to $624 million.
Marsh & McLennan’s adjusted operating margin increased 70 basis points to
18.7%.

Marsh & McLennan’s
net income was $393 million, or $0.76 per diluted share, in Q3 2017 compared to
a net income of $379 million, or $0.73 per diluted share, in Q3 2016. The
Company’s adjusted earnings per share (EPS) jumped 14% to $0.79 on y-o-y basis.
Marsh & McLennan’s earnings beat Wall Street’s estimates of $0.78 per
share.

Segment
Results

During Q3 2017, Marsh
& McLennan’s Risk & Insurance Services segment’s revenue grew 8% to
$1.76 billion compared to $1.63 billion in Q3 2016. The segment’s operating
income of $314 million was essentially flat on a y-o-y basis, while adjusted
operating income rose 12% to $337 million. The segment’s Marsh division’s
revenue totaled $1.48 billion in Q3 2017, up 9% compared to $1.36 billion in
the year earlier same quarter. The segment’s Guy Carpenter division’s revenue
was $270 million in the reported quarter, up 4% compared to $260 million in Q3
2016.

For Q3 2017, Marsh &
McLennan’s Consulting segment’s revenue grew 5% to $1.59 billion compared to $1.51
billion in Q3 2016. The segment’s operating income increased 6% to $329 million
and adjusted operating income increased 7% to $330 million. The segment’s
Mercer division’s revenue grew 4% to $1.15 billion in the reported quarter
versus $1.11 billion in Q3 2016. The Consulting segment’s Oliver Wyman Group’s
revenue was $438 million in Q3 2017, reflecting an increase of 8% versus $404
million in the year earlier comparable quarter.

Cash
Matters

Marsh & McLennan’s
cash position was approximately $1.1 billion at the end of Q3 2017, with $154
million in the US. The Company’s utilization of cash totaled $703 million in
the reported quarter, including $200 million for share repurchases, $194
million for dividends, and $309 million for acquisitions. For the first nine
months, Marsh & McLennan’s uses of cash totaled approximately $2 billion,
and included $600 million for share repurchases, $545 million for dividends,
and $832 million for acquisitions.

Stock Performance Snapshot

November
24, 2017 – At Friday’s closing bell, Marsh & McLennan’s
stock marginally declined 0.38%, ending the trading session at $82.34.

Volume traded for the
day: 445.41 thousand shares.

Stock performance in the
last three-month – up 6.99%; previous six-month period – up 7.82%; past twelve-month
period – up 18.54%; and year-to-date – up 21.82%

After last Friday’s
close, Marsh & McLennan’s market cap was at $42.18 billion.

Price to Earnings (P/E)
ratio was at 22.57.

The stock has a dividend
yield of 1.82%.

The stock is part of the Financial
sector, categorized under the Insurance Brokers industry. This sector was up 0.1%
at the end of the session.

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