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Marsh & McLennan Companies Inc (MMC) announced a profit for its third quarter that advanced from last year.


RTTNews | Oct 21, 2021 07:11AM EDT

07:11 Thursday, October 21, 2021 (RTTNews.com) - Marsh & McLennan Companies Inc (MMC) announced a profit for its third quarter that advanced from last year.

The company's profit came in at $537 million, or $1.05 per share. This compares with $316 million, or $0.62 per share, in last year's third quarter.

Excluding items, Marsh & McLennan Companies Inc reported adjusted earnings of $552 million or $1.08 per share for the period.

Analysts had expected the company to earn $0.98 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.4% to $4.58 billion from $3.97 billion last year.

Marsh & McLennan Companies Inc earnings at a glance:

-Earnings (Q3): $552 Mln. vs. $418 Mln. last year.-EPS (Q3): $1.08 vs. $0.82 last year.-Analysts Estimate: $0.98-Revenue (Q3): $4.58 Bln vs. $3.97 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3234407/marsh-mclennan-companies-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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