Marsh & McLennan Cos. (MMC) on Thursday reported first-quarter profit of $1.07 billion. On a per-share basis, the New York-based company said it had net income of $2.10. Earnings, adjusted for non-recurring costs, came to $2.30 per share. The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research… Continue reading Marsh & McLennan 1Q 2022 Profits Beat Expectations
Tag: Marsh profits
Marsh & McLennan Revenue Up About 9%
Marsh & McLennan Cos. saw first-quarter profit rise by almost a third and its top line rise more than 9% with the company reporting double-digit revenue growth for its risk and insurance services business. The consulting and risk and insurance service company’s earnings attributable to the company increased 30% for the three-month period, rising to… Continue reading Marsh & McLennan Revenue Up About 9%
Marsh & McLennan Q4 Earnings Top Estimates
Marsh & McLennan Cos. on Thursday reported fourth-quarter net income of $391 million. On a per-share basis, the New York-based company said it had profit of 76 cents. Earnings, adjusted for non-recurring costs, came to $1.19 per share. The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research… Continue reading Marsh & McLennan Q4 Earnings Top Estimates
Marsh & McLennan’s Revenue Up 16% to $4.3B in Q2
Global insurance and reinsurance broker, Marsh & McLennan Companies, Inc. (MMC), has reported consolidated revenue growth of 16% to $4.3 billion and underlying revenue growth of 4% for Q2 2019, which is the first time its results have included JLT, which it acquired for $5.6 billion. Underlying revenue growth of 4% when compared with the… Continue reading Marsh & McLennan’s Revenue Up 16% to $4.3B in Q2