18.04.2024 13:06:34 - dpa-AFX: Marsh & McLennan Companies Inc Q1 Profit Increases, beats estimates

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

The company's bottom line totaled $1.40 billion, or $2.82 per share. This
compares with $1.24 billion, or $2.47 per share, in last year's first quarter.

Excluding items, Marsh & McLennan Companies Inc reported adjusted earnings of
$1.44 billion or $2.89 per share for the period.

Analysts on average had expected the company to earn $2.80 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 9.3% to $6.47 billion from $5.92
billion last year.

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

-Earnings (Q1): $1.40 Bln. vs. $1.24 Bln. last year.
-EPS (Q1): $2.82 vs. $2.47 last year.
-Revenue (Q1): $6.47 Bln vs. $5.92 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 187,700 31.05.24 09:11:14 -1,300 -0,69% 0,000 0,000 187,700 187,700

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