NEW YORK (AP) — NEW YORK (AP) — Marsh & McLennan Cos. (MMC) on Thursday reported third-quarter earnings of $747 million.
The New York-based company said it had net income of $1.51 per share. Earnings, adjusted for non-recurring costs, were $1.63 per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The global professional services firm providing strategy, risk and people solutions posted revenue of $5.7 billion in the period, missing Street forecasts. Nine analysts surveyed by Zacks expected $5.71 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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
