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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Marsh and McLennan Companies Inc | NYSE:MMC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.09 | -0.05% | 199.27 | 199.84 | 196.72 | 198.58 | 1,039,891 | 01:00:00 |
From May 2019 to May 2024
By Allison Prang
Marsh & McLennan Cos. saw first-quarter profit rise by almost a third and its top line rise more than 9% with the company reporting double-digit revenue growth for its risk and insurance services business.
The consulting and risk and insurance service company's earnings attributable to the company increased 30% for the three-month period, rising to $983 million. Earnings were $1.91 a share, up from $1.48 a share a year ago.
Adjusted earnings were $1.99 a share. According to FactSet, Wall Street was expecting $1.71 a share.
Revenue at Marsh & McLennan was $5.08 billion, an increase from $4.65 billion the comparable quarter a year ago. Analysts were expecting $4.79 billion. Total risk and insurance services revenue rose 11% and consulting revenue rose a little over 6%.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
April 27, 2021 07:35 ET (11:35 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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