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Marsh & McLennan Companies Inc (MMC) revealed earnings for fourth quarter that dropped from last year.


RTTNews | Jan 28, 2021 07:26AM EST

07:26 Thursday, January 28, 2021 (RTTNews.com) - Marsh & McLennan Companies Inc (MMC) revealed earnings for fourth quarter that dropped from last year.

The company's profit totaled $374 million, or $0.73 per share. This compares with $391 million, or $0.76 per share, in last year's fourth quarter.

Excluding items, Marsh & McLennan Companies Inc reported adjusted earnings of $612 million or $1.19 per share for the period.

Analysts had expected the company to earn $1.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.8% to $4.42 billion from $4.26 billion last year.

Marsh & McLennan Companies Inc earnings at a glance:

-Earnings (Q4): $612 Mln. vs. $610 Mln. last year.-EPS (Q4): $1.19 vs. $1.19 last year.-Analysts Estimate: $1.12-Revenue (Q4): $4.42 Bln vs. $4.26 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3164403/marsh-mclennan-companies-inc-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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