MRSH

Marsh & McLennan reported 8% revenue growth in Q3 2026 and expanded its Thrive cost-efficiency program target to $600 million in savings. The company deployed digital workflows that reduced placement processing times from 2-4 weeks to hours, with 93% of London wholesale trading now digital. Management maintains a disciplined M&A strategy focused on regional bolt-on deals while continuing share buybacks and expecting margin expansion for the full year.

Marsh & McLennan Companies reported Q3 2026 adjusted EPS of $2.03, beating consensus estimates by 3.6% with 9.7% year-over-year growth. Revenues climbed 8% to $6.9 billion, driven by strong consulting growth of 9% to $2.7 billion, particularly from Marsh Management Consulting which grew 14%. However, operating expenses rose 9% to $5.6 billion due to increased compensation and operating costs, limiting operating income growth to 6.1%.

Marsh reported Q3 2026 earnings of $2.03 per share, beating consensus estimates of $1.96, with revenues of $6.86 billion exceeding expectations. However, Marsh shares have underperformed the S&P 500 by 16.6% year-to-date.

The stock received a Zacks Rank #3 (Hold) rating with mixed estimate revisions. Bowman Consulting, another professional services firm, is expected to report earnings of $0.50 per share, representing an 18% year-over-year decline.

Marsh (MRSH) is anticipated to deliver year-over-year earnings growth with higher revenues for Q3 2026. The company shows a positive Earnings ESP of +0.42% combined with a Zacks Rank #3, suggesting a likely earnings beat. Marsh has a strong track record of beating consensus estimates in recent quarters.