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MRSHEarnings Analysis财报电话会Source pending来源待核by InvestLog AIInvestLog AI 整理
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MRSH earnings call: For the full year, we continue to expect underlying revenue growth similar to the levels we generated in 2025, along with another year of margin expansion and solid adjusted EPS growth.MRSH (MRSH) 电话会:对于全年,我们仍预计核心营收增长水平与2025年相当,同时将迎来又一轮利润率扩张以及稳健的调整后每股收益增长。

Management remarks

Call period: 2026 Q3 · 2026-10-15

  • Guidance: Mark Christopher McGivney: For the full year, we continue to expect underlying revenue growth similar to the levels we generated in 2025, along with another year of margin expansion and solid adjusted EPS growth.
  • Demand and orders: Mark Christopher McGivney: This great result reflected strong demand and delivery across the business especially in AI related work.
  • Margins: Mark Christopher McGivney: Our adjusted operating margin was 22.7%, GAAP EPS was $1.69 and adjusted EPS was $2.3 up 10% over last year.
  • Analyst Q&A

  • Analyst Elyse Greenspan asked: Good morning. My first question is on the margins guidance for the year. You guys pointed to margin improvement for 2026. I just wanted to clarify, do you guys expect margin improvement for the year in both segments or just on an overall basis? Management John Quinlan Doyle answered: We do not guide by segment. But, you know, as Mark and I both noted in our prepared remarks, we do expect continued margin expansion for the year for the company. Again, we wanna balance margin expansion with continued investment in future growth. We wanna deliver growth in earnings for our company over the over the long term, of course. And so delivered solid growth and adjusted EPS in the quarter, and margins were flat, but we do expect drive margin expansion for the year for the company.
  • 管理层陈述

    电话会期间:2026 Q3 · 2026-10-15

  • 指引:马克·克里斯托弗·麦吉夫尼:对于全年,我们仍预计核心营收增长水平与2025年相当,同时将迎来又一轮利润率扩张以及稳健的调整后每股收益增长。
  • 需求与订单:马克·克里斯托弗·麦吉夫尼:这一出色的业绩反映了全公司强劲的需求与交付能力,尤其是在人工智能相关业务方面。
  • 利润率:马克·克里斯托弗·麦吉夫尼:我们的调整后营业利润率为22.7%,公认会计准则每股收益为1.69美元,调整后每股收益为2.3美元,同比增长10%。
  • 分析师问答

  • 分析师埃莉斯·格林斯潘:早上好,第一个问题关于年度利润率指引。你们提到2026年利润率将改善,想确认是两个业务板块还是仅整体利润率会改善?管理层约翰·昆兰·多伊尔:我们不按板块发布指引,但正如我和马克在准备发言中提到的,预计公司本年度整体利润率将持续扩张。我们希望平衡利润率扩张与未来增长投资,长期实现公司盈利增长。本季度调整后每股收益稳健增长,利润率持平,但我们预计本年度公司整体利润率将扩张。
  • For information only. Not investment advice.内容仅供参考,不构成投资建议。