Marsh & McLennan Companies Inc Announces 11% Increase In Q2 Bottom Line

(RTTNews) - Marsh & McLennan Companies Inc (MMC) reported a profit for its second quarter that climbed compared to the same period last year.

The company said its bottom line rose to $480 million, or $0.91 per share. This was up from $431 million, or $0.80 per share, in last year's second quarter.

Analysts had expected the company to earn $0.90 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.6% to $3.38 billion. This was up from $3.23 billion last year.

Marsh & McLennan Companies Inc earnings at a glance:

-Earnings (Q2): $480 Mln. vs. $431 Mln. last year. -Earnings Growth (Y-o-Y): 11.4% -EPS (Q2): $0.91 vs. $0.80 last year. -EPS Growth (Y-o-Y): 13.8% -Analysts Estimate: $0.90 -Revenue (Q2): $3.38 Bln vs. $3.23 Bln last year. -Revenue Change (Y-o-Y): 4.6%