Marsh & McLennan Companies Earnings Preview: Get Ahead of the Analysts
Marsh & McLennan Companies (NYSE:MMC) will report earnings before markets open on Thursday, May 2nd. Marsh & McLennan Companies, Inc. is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. Marsh & McLennan offers analysis, advice, and transactional capabilities to clients worldwide
Here is your Cheat Sheet to Marsh & Mclennan Companies Earnings:
Earnings Expectations: Analysts expect earnings of $0.69 per share on revenues of $3.18 billion. Currently, the company’s P/E ratio stands at 17.68.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.68 to a profit $0.67. For the current year, the average estimate is a profit of $2.4, which is worse than the estimate ninety days ago.
Here’s how Marsh & Mclennan Companies has been performing on an annual basis:
|Revenue ($) in millions||10,730||9,831||10,550||11,530||11,920|
|Diluted EPS ($)||-0.14||0.42||1.55||1.79||2.13|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||2,908||3,051||3,026||2,845||3,002|
|Diluted EPS ($)||0.4672||0.63||0.59||0.44||0.4692|
Marsh & Mclennan Companies has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)