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Marsh & McLennan Companies Inc (MMC) announced earnings for its second quarter that increased from last year.


RTTNews | Jul 22, 2021 07:10AM EDT

07:09 Thursday, July 22, 2021 (RTTNews.com) - Marsh & McLennan Companies Inc (MMC) announced earnings for its second quarter that increased from last year.

The company's profit came in at $820 million, or $1.60 per share. This compares with $572 million, or $1.12 per share, in last year's second quarter.

Excluding items, Marsh & McLennan Companies Inc reported adjusted earnings of $900 million or $1.75 per share for the period.

Analysts had expected the company to earn $1.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.8% to $5.02 billion from $4.19 billion last year.

Marsh & McLennan Companies Inc earnings at a glance:

-Earnings (Q2): $900 Mln. vs. $675 Mln. last year.-EPS (Q2): $1.75 vs. $1.32 last year.-Analysts Estimate: $1.42-Revenue (Q2): $5.02 Bln vs. $4.19 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3211053/marsh-mclennan-companies-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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