Marsh & McLennan Cos. (MMC) Tops Q2 EPS by 5c

August 7, 2013 7:02 AM EDT
Marsh & McLennan Cos. (NYSE: MMC) reported Q2 EPS of $0.72, $0.05 better than the analyst estimate of $0.67. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.14 billion.

an Glaser, President and CEO, said: “The Company continued to deliver strong financial results in the second quarter. Adjusted operating income grew 13%, reflecting excellent margin expansion in both the Risk and Insurance Services and Consulting segments. In the quarter, Marsh produced underlying revenue growth across all major geographies. Guy Carpenter generated impressive underlying revenue growth, driven by its U.S. and International operations. The Consulting segment, led by Mercer, produced strong growth in earnings with meaningful margin expansion,” concluded Mr. Glaser.

For earnings history and earnings-related data on Marsh & McLennan Cos. (MMC) click here.


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