25.01.2024 13:11:59 - dpa-AFX: Marsh & McLennan Companies Inc Q4 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Marsh & McLennan Companies Inc (MMC) released a
profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $756 million, or $1.52 per share. This
compares with $466 million, or $0.93 per share, in last year's fourth quarter.

Excluding items, Marsh & McLennan Companies Inc reported adjusted earnings of
$838 million or $1.68 per share for the period.

Analysts on average had expected the company to earn $1.63 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 10.6% to $5.55 billion from $5.02
billion last year.

Marsh & McLennan Companies Inc earnings at a glance (GAAP) :

-Earnings (Q4): $756 Mln. vs. $466 Mln. last year.
-EPS (Q4): $1.52 vs. $0.93 last year.
-Analyst Estimate: $1.63
-Revenue (Q4): $5.55 Bln vs. $5.02 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MARSH+MCLENNAN COS.INC.D1 858415 Frankfurt 193,150 11.06.24 09:10:54 -0,450 -0,23% 194,600 195,200 193,150 193,600

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