logo
Marsh & McLennan: Q2 Earnings Snapshot

Marsh & McLennan: Q2 Earnings Snapshot

Washington Post17-07-2025
NEW YORK — NEW YORK — Marsh & McLennan Cos. (MMC) on Thursday reported second-quarter net income of $1.21 billion.
On a per-share basis, the New York-based company said it had profit of $2.45. Earnings, adjusted for non-recurring costs, were $2.72 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.66 per share.
The global professional services firm providing strategy, risk and people solutions posted revenue of $6.97 billion in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $6.92 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MMC at https://www.zacks.com/ap/MMC
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Amazon Online Retail Sales Surged 11% In Second Quarter, Ahead Of Amazon Prime Day
Amazon Online Retail Sales Surged 11% In Second Quarter, Ahead Of Amazon Prime Day

Forbes

time2 hours ago

  • Forbes

Amazon Online Retail Sales Surged 11% In Second Quarter, Ahead Of Amazon Prime Day

Online shoppers came out in full force to power 11% growth in Amazon online store sales, its largest reporting segment, and its second-largest, third-party seller services, advanced 11% in the second quarter ended June 30, all before the big Amazon Prime Day four-day sales event. Amazon Prime delivery person in van sorting packages, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) UCG/Universal Images Group via Getty Images Amazon total net revenues blew past estimates to reach $167.7 billion, up 13%, and net income rose 35% to $18.2 billion, yet investors were spooked by modest third-quarter earnings guidance and increased cloud and AI competition from Microsoft and Google, causing Amazon shares to slide 8% by week's end, according to CNBC. Amazon Web Services, its business-facing cloud segment, was the fastest-growing unit, up 17% to $30.9 billion, though growth slowed from 19% second quarter 2024 and lagged behind Microsoft Azure and Google Cloud, both of which reported growth over 30% this year. On the consumer side of business, Amazon's online store exceeded Wall Street's $59 billion estimates to reach $61.5 billion and grew more than twice as fast as last year's second quarter when online stores advanced by 5%. Services to its over two million third-party marketplace sellers bettered expectations to reach $40.3 billion, though it grew at about the same pace as last year's second quarter. Advertising services, an important profit driver, reached $15.7 billion, up 23% over previous year, and subscription services grew 12% to $12.2 billion. Third quarter 2025 guidance is for net sales to reach between $174.0 billion and $179.5 billion, a 10% to 13% increase, though operating income is expected to range between $15.5 billion and $20.5 billion, compared to $17.4 billion last year. 'There continues to be a lot of noise about the impact that tariffs will have on retail prices and consumption. Much of it thus far has been wrong and misreported,' CEO Andy Jassy said during the earnings call. He added, 'Through the first half of the year, we haven't yet seen diminishing demand nor prices meaningfully appreciating.' Key Background Amazon's online retail sales increase bettered the industry's 6% non-store sales growth in the second quarter. Second-quarter performance is particularly noteworthy because it doesn't include revenues generated during this year's Prime Day event held July 8-11, 2025. By comparison, second- quarter online revenues this year came in a shade higher than the $61.4 billion generated during last year's third quarter when Prime Day was held. Amazon also reported that Prime membership signups during the three weeks before this year's Prime Day broke records, as did the number of items sold in advance. All of which bodes well for a significant increase over last year's third quarter online store revenues. The long-awaited return of Nike products to Amazon gave this quarter's online sales a boost. Also generating greater customer engagement was the launch of new luxury brands on the platform, including Aveda, Marc Jacobs fragrances, Aveda, Origins and Milk Makeup. In addition, the Saks on Amazon platform added Dolce & Gabbana, Etro, Stella McCartney, Rosetta Getty, and La Prairie this quarter. The Amazon Essentials product line offering everyday low prices continues to gain new adherents and now represents one out of every three units sold. Amazon Pharmacy has advanced 50% year over year. In a new pilot Perishables service for customers ordering other items for same day delivery, it reported 'strong customer adoption' with 20% of customers returning multiple times in their first month. It is also leaning into faster delivery by expanding same-day and next-day delivery to millions of U.S. customers in 4,000 smaller cities, towns and rural communities by the end of 2025. What To Watch For Tariff's impact on Amazon retail prices remain to be seen, as Jassy said, 'It's impossible to know what will happen.' He gave no hint about how prices might be affected once Amazon's advanced inventory is depleted, nor did he reveal how the company or its third-party sellers would deal with prices as costs go up. However, he did state that no matter what happens, Amazon's prices are likely to be lower to consumers 'on the items they care about.' Further Reading Amazon's Gloomy Earnings Forecast Overshadows Better-Than-Expected Results (CNBC, 7/31/2025) Amazon Shares Fall Because Cloud Unit's Growth Wasn't Enough for Wall Street (WSJ, 7/31/2025) Forbes What Amazon Prime Day Sales Say About Upcoming Holiday Shopping Trends By Pamela N. Danziger Forbes Why Amazon's Move Into Rural America Won't Cut Walmart's Retail Lead By Pamela N. Danziger

RECKITT (RBGLY) URGENT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Reckitt Benckiser Group plc and Encourages Investors to Contact the Firm
RECKITT (RBGLY) URGENT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Reckitt Benckiser Group plc and Encourages Investors to Contact the Firm

Business Upturn

time2 hours ago

  • Business Upturn

RECKITT (RBGLY) URGENT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Reckitt Benckiser Group plc and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C. Litigation Attorney Brandon Walker Encourages Investors Who Suffered Losses In Reckitt (RBGLY) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Reckitt between January 13, 2021, and July 28, 2024 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, Aug. 02, 2025 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Reckitt Benckiser Group plc ('Reckitt' or the 'Company') (OTC:RBGLY) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired Reckitt securities between January 13, 2021, and July 28, 2024, both dates inclusive (the 'Class Period'). Investors have until August 4, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. Reckitt is a United Kingdom-based, global consumer goods company. To date, over 500 state and federal products liability lawsuits have been filed against Reckitt and its competitor, Abbott Laboratories ('Abbott'), claiming that they failed to adequately warn that premature infants consuming cow milk-based formulas, such as Reckitt's Enfamil and Abbott's Similac, have an increased risk of developing necrotizing enterocolitis ('NEC'), a life-threatening intestinal disease that affects premature or low birth weight infants. The Class Action alleges that, during the Class Period, Defendants made misleading statements and omissions regarding the Company's business, financial condition, and prospects. Specifically, Defendants failed to warn investors and consumers: (1) that preterm infants were at an increased risk of developing NEC by consuming Reckitt's cow's milk-based formula, Enfamil; (2) of the attendant impact on Reckitt's sales of Enfamil and Reckitt's exposure to legal claims; and (3) as a result of the above, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired Reckitt shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit . Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, Walker, Passmore, Esq.(212) 355-4648 [email protected]

Your next direct report might not be human. Are you ready to lead it?
Your next direct report might not be human. Are you ready to lead it?

Fast Company

time2 hours ago

  • Fast Company

Your next direct report might not be human. Are you ready to lead it?

BY We've spent decades building frameworks to help people lead teams: courses, certifications, coaching, culture decks. All aimed at shaping better managers of humans. But that's no longer enough. Because for many workers, their first report won't be a person. It'll be an agent. In June BNY Mellon onboarded 1,000 digital workers while JPMorgan Chase is building AI teams at scale. This isn't theoretical. The new direct reports are already clocked in and they don't need coffee, feedback, or PTO. The problem? Most organizations are still running on legacy management models built for human hierarchies and not set up to manage machines. Leading humans versus governing agents When you manage people, you guide behavior. You motivate, delegate, coach, and course correct. It's a loop built on trust and conversation. When you manage an AI, none of that applies. You don't coach a model. You govern it. You define inputs, monitor outputs, escalate issues, and answer for the consequences. And you do that in real time. In AI-led teams, leadership is less about motivation and more about judgment. The ability to assess, adjust, and act across decision chains is what separates performance from liability. It's knowing what good looks like. It's catching the drift, asking the right question before the system generates the wrong answer, and being accountable for outcomes, even when you didn't directly produce them. The HR model is out of sync HR isn't ready for this shift. Most performance frameworks still assume linear paths, human reports, and long-term role tenure. But digital agents break that logic. They don't climb ladders. They execute tasks. They can outperform junior staff one day and be outpaced by a new model the next. You don't manage their growth. You manage the conditions in which they operate. That shift puts pressure on organizational design itself. Hierarchies built for human oversight don't hold when decision loops involve systems acting faster than approvals can be processed. That means rethinking how we define productivity, collaboration, and leadership. It means building new metrics for how human employees interact with agents, not just what they produce on their own. Are they designing good prompts? Are they escalating ethical concerns? Are they reviewing outputs critically or rubber-stamping them? These are the new leadership signals. Most performance reviews aren't built to detect them. Prompting is a leadership act Prompting isn't a technical skill; it's a management one. The way you frame a prompt shapes what an agent does. Vague prompts lead to vague results. Biased prompts produce biased outcomes. And poor prompting isn't just inefficient. It can become a legal or reputational risk. Yet most companies treat prompting like its keyboard wizardry. Something for the engineers or the 'AI power users.' That's a mistake. Everyone managing agents, from interns to executives, needs to learn how to design clear, intentional instructions. Because prompts are decisions in disguise, shaped by where they sit in the organizational context and why they're being made. The ethics chain is breaking In traditional teams, ethics and escalation follow a chain of command. Something goes wrong, someone flags it, and a manager gets involved. But with agents acting independently and often invisibly, the chain breaks. You can't escalate what you don't notice. And too often, companies haven't defined what ethical escalation looks like when the actor is synthetic. Who's accountable when an AI produces a discriminatory recommendation? Or leaks sensitive information? Or makes a decision a human wouldn't? If your answer is 'the tech team,' you're not ready. Governance can't sit in the back office. It needs to be built into team workflows. The best companies are training their people to pause, question and report, not just accept what the system spits out. Chain of thought and chain of reasoning aren't just cognitive tricks. They're how human teams will spot drift, bias, and breakpoints in the AI value chain. And that skillset is only going to grow in importance. The bottom line AI won't replace all managers, but it will redefine what management means. Leading agents demands flexing a different muscle and most organizations haven't trained for it. This isn't about replacing soft skills with hard skills, but rather it's replacing passive management with active stewardship: less people-pleasing and more decision accountability, fewer status meetings and more escalation pathways. Managing machines still means leading people. But the people you lead need new tools, new rules, and a different playbook. The companies that get this right won't be the ones with the flashiest tech. They'll be the ones that know how to change the game by managing what they've built. The early-rate deadline for Fast Company's Most Innovative Companies Awards is Friday, September 5, at 11:59 p.m. PT. Apply today. ABOUT THE AUTHOR David Brudenell (DCB) is the executive director of Decidr, Australia's only publicly listed AI company. With 25+ years of experience working across AI infrastructure, model development, and business transformation, David has held senior leadership positions in public, large private and startup companies from Sydney to San Francisco, including Appen (ASX:APX), Pureprofile (ASX:PPL), Eclipx (ASX:FPR), Flare (purchased by MYOB in 2023) and more. More

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store