**Marsh (MRSH) Shares Rise 3.3% Following Acquisition Announcement**
Marsh’s shares increased 3.3% in the latest trading session, closing at $176.48, amid higher trading volume. This uptick comes after Marsh’s Mercer unit agreed to acquire AltamarCAM, adding €20 billion in assets under management. The deal bolsters Marsh’s presence in Madrid and supports its expansion into global private markets.
The company is expected to announce quarterly earnings of $3.22 per share, reflecting a year-over-year increase of 5.2%. Revenue is projected at $7.39 billion, up 4.6% from the previous year. However, the consensus EPS estimate has been revised 0.7% lower in the last 30 days, indicating potential concerns about future price appreciation.
