The company said consolidated revenue for Q3 2024 rose 6% from the prior-year quarter to $5.7 billion (5% on an underlying basis), GAAP operating income grew 11% to $1.1 billion, and GAAP EPS rose 3% to $1.51.

1. 01

   The company said consolidated revenue for Q3 2024 rose 6% from the prior-year quarter to $5.7 billion (5% on an underlying basis), GAAP operating income grew 11% to $1.1 billion, and GAAP EPS rose 3% to $1.51.

2. 02

   Marsh McLennan said adjusted EPS for Q3 rose 4% to $1.63, and that adjusted EPS in the prior-year quarter included a benefit of 10 cents per share from a favorable discrete tax item.

3. 03

   The company said it agreed on September 29, 2024 to acquire McGriff Insurance Services, LLC, with cash consideration of $7.75 billion to be paid from a combination of cash and debt financing, and that the transaction is targeted to close by year-end.

4. 04

   The company said it repurchased 1.4 million shares for $300 million in Q3 2024, and 4.3 million shares for $900 million over the 9 months to date.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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