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


RTTNews | Oct 29, 2020 08:01AM EDT

08:01 Thursday, October 29, 2020 (RTTNews.com) - Marsh & McLennan Companies Inc (MMC) revealed a profit for its third quarter that advanced from last year.

The company's earnings totaled $316 million, or $0.62 per share. This compares with $303 million, or $0.59 per share, in last year's third quarter.

Excluding items, Marsh & McLennan Companies Inc reported adjusted earnings of $418 million or $0.82 per share for the period.

Analysts had expected the company to earn $0.73 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $3.97 billion

Marsh & McLennan Companies Inc earnings at a glance:

-Earnings (Q3): $418 Mln. vs. $392 Mln. last year.-EPS (Q3): $0.82 vs. $0.77 last year.-Analysts Estimate: $0.73-Revenue (Q3): $3.97 Bln vs. $3.97 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3140771/marsh-mclennan-companies-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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