Marsh & McLennan (MMC) Tops Q4 EPS by 1c
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Marsh & McLennan (NYSE: MMC) reported Q4 EPS of $1.19, $0.01 better than the analyst estimate of $1.18. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.33 billion.
"2019 was a historic year for Marsh & McLennan,” said Dan Glaser, President and CEO. "We closed the largest transaction in our Company’s history, maintained our momentum through the integration and met our key milestones. We grew total revenue 11% and generated 4% underlying growth. We increased our adjusted operating income by 14%, adjusted margin by 110 basis points and adjusted EPS by 7%. With a solid fourth quarter, we enter 2020 well positioned for continued growth."
For earnings history and earnings-related data on Marsh & McLennan (MMC) click here.
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