Marsh & McLennan Companies Inc Q1 adjusted earnings Beat Estimates

(RTTNews) - Marsh & McLennan Companies Inc (MMC) released earnings for its first quarter that rose from last year.

The company's earnings totaled $983 million, or $1.91 per share. This compares with $754 million, or $1.48 per share, in last year's first quarter.

Excluding items, Marsh & McLennan Companies Inc reported adjusted earnings of $1.02 billion or $1.99 per share for the period.

Analysts had expected the company to earn $1.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.2% to $5.08 billion from $4.65 billion last year.

Marsh & McLennan Companies Inc earnings at a glance:

-Earnings (Q1): $1.02 Bln. vs. $0.84 Bln. last year. -EPS (Q1): $1.99 vs. $1.64 last year. -Analysts Estimate: $1.71 -Revenue (Q1): $5.08 Bln vs. $4.65 Bln last year.