Marsh & McLennan Cos. (MMC) Tops Q2 EPS by 4c
Get Alerts MMC Hot Sheet
EPS Growth %: +10.7%
Financial Fact:
Interest expense: -47M
Today's EPS Names:
SHIM, KOD, HEWA, More
Join SI Premium – FREE
Marsh & McLennan Cos. (NYSE: MMC) reported Q2 EPS of $0.79, $0.04 better than the analyst estimate of $0.75. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.24 billion.
President and CEO Dan Glaser said: "The Company delivered another quarter of excellent financial results. We produced revenue growth of 7% with underlying revenue growth of 5%. This was our strongest quarterly revenue performance in two years, with all operating companies contributing. Adjusted operating income grew 11%, with margin expansion of 60 basis points to 19.8%. For the six months of 2014, we achieved outstanding results, with 4% underlying revenue growth, an 11% increase in adjusted operating income and margin improvement of 100 basis points to 20.4%."
For earnings history and earnings-related data on Marsh & McLennan Cos. (MMC) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midday movers: RH, Estee Lauder rise; Tesla falls
- Torrid Holdings Inc. (CURV) Tops Q4 EPS by 4c, provides guidance
- Walgreens Boots Alliance (WBA) tops Q2 expectations, narrows full-year profit forecast
Create E-mail Alert Related Categories
Earnings, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!