Marsh & McLennan Shares Tumble 10.63% in Four Days Despite Strong Q1 Earnings

Generated by AI AgentAinvest Movers Radar
Monday, Apr 21, 2025 6:48 pm ET1min read
MMC--

On April 21, Marsh & McLennanMMC-- Companies, Inc. (MMC) saw a decline of 3.62%, marking its fourth consecutive day of losses. Over the past four days, the company's shares have dropped a notable 10.63%, reaching their lowest intraday price since January 2025.

Keefe, Bruyette & Woods maintained their current rating on Marsh & McLennan, assessing it as underperforming in the market, with a recent target price set at $215.00. This reflects a cautious outlook amidst a broader downturn in the company's stock performance.

Marsh & McLennan, established in 1871, operates globally as a leading professional services firm specializing in risk, strategy, and people sectors. Its various divisions offer a plethora of services aimed at enhancing customer value. Marsh focuses on data-driven risk advisory and insurance solutions for both commercial and individual clients. Guy CarpenterCRS-- aids clients in achieving profitable growth through sophisticated risk management, reinsurance, and capital strategies. Mercer provides advisory and tech-driven solutions to help organizations reinvent the workforce, improve pensions and investment outcomes, and enhance health and well-being in an evolving labor market. The Oliver Wyman Group serves both the private sector and governmental bodies as strategic advisors.

On April 17, Marsh & McLennan released its first-quarter financial results for 2025. The company's revenue was reported at $70.61 billion, reflecting a year-on-year increase of 9.08%. Net earnings stood at $14.12 billion, with a basic earnings per share of $2.81, underscoring robust financial health notwithstanding the recent stock market turbulence.

Knowing stock market today at a glance

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet