Can MMC sustain its earnings momentum into 2025?

Marsh & McLennan (MMC) is poised to sustain its earnings momentum into 2025, driven by several key factors:

1. **Consistent Growth Trajectory**: MMC has demonstrated a strong growth trajectory in both revenue and earnings. The company's 3-year revenue compound annual growth rate (CAGR) is 8.65%, and the 3-year earnings per share (EPS) CAGR is 16.37%. This consistent growth indicates a robust business model and market positioning.

2. **Positive Market Sentiment**: Recent market sentiment has been positive, with MMC reaching an all-time high stock price of $241.93. This surge in stock value reflects investor confidence in the company's performance and future prospects.
3. **Earnings and Revenue Expectations**: Analysts expect MMC to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. The estimated EPS for the quarter is $1.77, which represents a year-over-year change of +4.2%, and the estimated revenue is $5.93 billion, up 6.2% from the year-ago quarter.
4. **Dividend Stability**: MMC has a history of dividend stability, with a consistent dividend payment for 55 consecutive years. This commitment to returning value to shareholders can enhance investor confidence and support the stock's earnings momentum.
5. **Strategic Positioning**: MMC's strategic focus on risk, strategy, and human capital positions it well to capitalize on opportunities in various markets and industries. The company's recent acquisitions and partnerships, such as the planned acquisition of SECOR Asset Management, are likely to contribute to its growth trajectory.

In conclusion, MMC's strong financial performance, positive market sentiment, and strategic positioning suggest that it is well-equipped to sustain its earnings momentum into 2025.