NEW YORK (AP) — NEW YORK (AP) — Marsh (MRSH) on Thursday reported fourth-quarter profit of $821 million.
The New York-based company said it had net income of $1.68 per share. Earnings, adjusted for non-recurring costs, came to $2.12 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.97 per share.
The global professional services firm providing strategy, risk and people solutions posted revenue of $6.6 billion in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $6.52 billion.
For the year, the company reported profit of $4.16 billion, or $8.43 per share. Revenue was reported as $26.98 billion.
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