Marsh & McLennan Companies Inc Reveals 10% Gain In Q3 Earnings

(RTTNews) - Marsh & McLennan Companies Inc (MMC) reported earnings for its third quarter that increased compared to the same period last year.

The company said its bottom line advanced to $338 million, or $0.63 per share. This was up from $307 million, or $0.56 per share, in last year's third quarter.

Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.6% to $3.12 billion. This was down from $3.14 billion last year.

Marsh & McLennan Companies Inc earnings at a glance:

-Earnings (Q3): $338 Mln. vs. $307 Mln. last year. -Earnings Growth (Y-o-Y): 10.1% -EPS (Q3): $0.63 vs. $0.56 last year. -EPS Growth (Y-o-Y): 12.5% -Analysts Estimate: $0.60 -Revenue (Q3): $3.12 Bln vs. $3.14 Bln last year. -Revenue Change (Y-o-Y): -0.6%