Marsh & McLennan: Q2 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

NEW YORK (AP) — NEW YORK (AP) — Marsh & McLennan Cos. (MMC) on Thursday reported second-quarter net income of $1.13 billion.

The New York-based company said it had net income of $2.27 per share. Earnings, adjusted for non-recurring costs, were $2.41 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.39 per share.

The global professional services firm providing strategy, risk and people solutions posted revenue of $6.22 billion in the period, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $6.28 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MMC at https://www.zacks.com/ap/MMC

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • Cats and Cosby
    5:00PM - 6:00PM
     
    John Catsimatidis, Successful businessman and former NYC Mayoral candidate and   >>
     
  • The Arthur Aidala Power Hour
     
    The Arthur Aidala Power Hour blends Arthur's courtroom experiences with his   >>
     
  • Radiosurgery New York
    7:00PM - 8:00PM
     
    Don’t miss Radiosurgery New York with Dr. Gil Lederman on AM 970 The Answer.
     
  • The Hugh Hewitt Show
    8:00PM - 9:00PM
     
    Hugh Hewitt is one of the nation’s leading bloggers and a genuine media   >>
     
  • The Larry Elder Show
    9:00PM - 12:00AM
     
    Larry Elder personifies the phrase “We’ve Got a Country to Save” The “Sage from   >>
     

See the Full Program Guide