Marsh & McLennan Companies, Inc. MMC is scheduled to release second-quarter 2021 results on Jul 22, before the market opens.Q2 EstimatesThe Zacks Consensus Estimate for the company’s second-quarter earnings per share is pegged at $1.42, suggesting growth of 7.6% from the prior-year quarter’s reported figure. The consensus mark for revenues stands at $4.4 billion, indicating an improvement of 6.1% from the year-ago period’s reported number.Factors to NoteThe company’s revenue results are likely to reflect the benefits of continuous rate hikes across the commercial property and casualty (P&C) insurance and reinsurance markets as well as better economy. Solid performance at the company’s Risk and Insurance Services as well as Consulting segments might have favored the to-be-reported quarter’s top line.Performance at the Risk and Insurance Services segment is likely to have gained from strong revenues at the company’s Marsh and Guy Carpenter units. The Zacks Consensus Estimate for the company’s Risk and Insurance Services segment’s revenues is pegged at $2.8 billion, implying 9.7% growth from the prior-year quarter’s reported number.While the U.S. and Canada division might have favored Marsh’s performance in the second quarter, Guy Carpenter’s performance is likely to have benefited from new business generation and higher business renewals.The consensus estimate for its units -- Marsh and Guy Carpenter -- revenues stands at $2.3 billion and $460 million each, suggesting a respective jump of 10.6% and 6.2% from the corresponding year-ago quarter’s reported figures.Per the last earnings call, management had expected Mercer to return to underlying growth in the second quarter. The consensus estimate for the Mercer’s revenues stands at $1.1 billion, hinting at a 4.1% rise from the prior-year quarter’s reported number.The Wealth unit result is likely to reflect strong growth in investment management.New business generation is expected to have driven growth at Oliver Wyman segment. The consensus mark for Oliver Wyman stands at $531 million, indicating an upside of 13.7% from the prior-year quarter’s reported number. This, in turn, is likely to have contributed to the overall performance of the Consulting segment. The Zacks Consensus Estimate for revenues from the Consulting segment is pegged at $1.7 billion, which suggests a 6.9% climb from the prior-year quarter’s reported figure.The company’s disciplined expense management is likely to have aided substantial cost savings, which in turn, might reflect on the second-quarter margin results.On the flip side, expenses are likely to have remained elevated in the to-be-reported quarter due to higher compensation and benefits, which might have squeezed margins to some extent.On the last earnings conference, management had projected an interest expense of $114 million for the second quarter.What Our Quantitative Model UnveilsOur proven model predicts an earnings beat for Marsh & McLennan this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.Earnings ESP: Marsh & McLennan has an Earnings ESP of +1.14%. This is because the Most Accurate Estimate of $1.44 is pegged higher than the Zacks Consensus Estimate of $1.42. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Marsh & McLennan Companies, Inc. Price and EPS Surprise Marsh & McLennan Companies, Inc. price-eps-surprise | Marsh & McLennan Companies, Inc. QuoteZacks Rank: Marsh & McLennan carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.Other Stocks to ConsiderSome other stocks worth considering from the insurance space with a perfect mix of elements to surpass estimates in the upcoming quarterly releases are as follows:Chubb Limited CB has an Earnings ESP of +4.83% and a Zacks Rank of 3 at present.Brown & Brown, Inc. BRO has an Earnings ESP of +3.96% and a Zacks Rank #2, currently.Aon plc AON has an Earnings ESP of +0.24% and is presently Zacks #3 Ranked. 5 Stocks Set to Double Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chubb Limited (CB): Free Stock Analysis Report Marsh & McLennan Companies, Inc. (MMC): Free Stock Analysis Report Aon plc (AON): Free Stock Analysis Report Brown & Brown, Inc. (BRO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research