26.07.2018 13:32:11

Marsh & McLennan Companies Inc Q2 adjusted earnings Miss Estimates

(RTTNews) - Marsh & McLennan Companies Inc (MMC) reported a profit for its second quarter that rose from last year.

The company's profit totaled $531 million, or $1.04 per share. This compares with $501 million, or $0.96 per share, in last year's second 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 $1.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.6% to $3.73 billion from $3.50 billion last year.

Marsh & McLennan Companies Inc earnings at a glance:

-Earnings (Q2): $552 Mln. vs. $518 Mln. last year. -EPS (Q2): $1.08 vs. $1.00 last year. -Analysts Estimate: $1.11 -Revenue (Q2): $3.73 Bln vs. $3.50 Bln last year.

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Marsh & McLennan Cos. Inc. 220,00 -1,30% Marsh & McLennan Cos. Inc.