Curious about Marsh (MRSH) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Marsh (MRSH) will announce quarterly earnings of $1.96 per share in its forthcoming report, representing an increase of 6% year over year. Revenues are projected to reach $6.63 billion, increasing 4.4% from the same quarter last year.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Marsh metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts forecast 'Revenue- Consulting' to reach $2.59 billion. The estimate indicates a year-over-year change of +4.9%.
Analysts predict that the 'Revenue- Risk and Insurance services' will reach $4.07 billion. The estimate indicates a year-over-year change of +4.1%.
Analysts' assessment points toward 'Revenue- Risk and Insurance services- Guy Carpenter' reaching $400.03 million. The estimate points to a change of +0.5% from the year-ago quarter.
The average prediction of analysts places 'Revenue- Risk and Insurance services- Fiduciary Interest Income' at $95.13 million. The estimate suggests a change of -12.7% year over year.
The consensus among analysts is that 'Revenue- Risk and Insurance services- Marsh- APAC' will reach $378.63 million. The estimate suggests a change of +4.9% year over year.
According to the collective judgment of analysts, 'Revenue- Risk and Insurance services- Marsh- EMEA' should come in at $857.82 million. The estimate indicates a change of +5.5% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Revenue- Risk and Insurance services- Marsh- US and Canada' of $2.18 billion. The estimate indicates a change of +4.5% from the prior-year quarter.
It is projected by analysts that the 'Revenue- Risk and Insurance services- Marsh- Latin America' will reach $141.49 million. The estimate points to a change of +3.3% from the year-ago quarter.
The consensus estimate for 'Organic/Underlying Revenue Growth - Consolidated' stands at 3.9%. Compared to the present estimate, the company reported 4.0% in the same quarter last year.
The combined assessment of analysts suggests that 'Organic/Underlying Revenue Growth - Marsh Management Consulting' will likely reach 7.1%. The estimate compares to the year-ago value of 8.0%.
Based on the collective assessment of analysts, 'Organic/Underlying Revenue Growth - Total Risk and Insurance Service' should arrive at 3.5%. Compared to the current estimate, the company reported 3.0% in the same quarter of the previous year.
Analysts expect 'Organic/Underlying Revenue Growth - Total Consulting' to come in at 4.7%. The estimate is in contrast to the year-ago figure of 5.0%.
View all Key Company Metrics for Marsh here>>>Over the past month, Marsh shares have recorded returns of -0.7% versus the Zacks S&P 500 composite's +2.4% change. Based on its Zacks Rank #3 (Hold), MRSH will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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This article originally published on Zacks Investment Research (zacks.com).
