Marsh & McLennan Companies, Inc. · MRSH · Next earnings

Marsh & McLennan Companies, Inc. next earnings report

MRSH's next report date is not on the calendar yet. Here is where the last quarter left off and what remains open. Last quarter: MRSH Q3: Growth Holds as AI and Thrive Expand

Date not yet scheduled Financial Services

What the street expects

Consensus for the coming report
Consensus EPS $2.23 Analyst average (14 estimates)
Consensus revenue $6.92B Analyst average (9 estimates)
Report date TBD Not yet on the calendar
Session — Session not yet known

Where MRSH left off: FY2026 Q3

Full report

MRSH Q3: Growth Holds as AI and Thrive Expand

EPS surprise — Reported — vs $1.97
Revenue surprise — Reported — vs $6.64B
Stock move +6.5% Event window
Subsequent drift 0.0% Up to 20 sessions

Management maintained its outlook for continued revenue growth and margin expansion in 2026; no change was supplied.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Soft pricing across property and reinsurance markets.
  • Geopolitical tensions and extreme weather affecting client risk exposure.
  • Cyber risk associated with AI adoption.
  • Rate declines in multiple regions reducing premium growth.
  • Execution and timing risk around acquisitions and efficiency investments.

Questions analysts left open

  • How AI initiatives translate into margin expansion.
  • Whether success-fee pull-forward affects future earnings.
  • Pricing pressure in reinsurance and insurance markets.
  • Sustainability of consulting growth amid AI-driven pricing changes.

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Recent MRSH quarters

All MRSH earnings
+6.5%FY2026 Q3-0.3%FY2026 Q2+4.4%FY2026 Q1+5.5%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.