Marsh & McLennan: Q3 Earnings Snapshot
By AP News
Published - Oct 17, 2024, 06:36 AM ET
Last Updated - Dec 16, 2024, 06:15 PM EST
NEW YORK (AP) — NEW YORK (AP) — Marsh & McLennan Cos. (MMC) on Thursday reported third-quarter earnings of $747 million.
The New York-based company said it had net income of $1.51 per share. Earnings, adjusted for non-recurring costs, were $1.63 per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The global professional services firm providing strategy, risk and people solutions posted revenue of $5.7 billion in the period, missing Street forecasts. Nine analysts surveyed by Zacks expected $5.71 billion.
