Marsh & McLennan's (MMC) Q1 Earnings Beat Estimates, Up Y/Y
Marsh & McLennan Companies, Inc. MMC delivered first-quarter 2019 adjusted earnings per share of $1.52, surpassing the Zacks Consensus Estimate by 4.8%. Also, the bottom line improved 10.1% year over year. Moreover, Marsh & McLennan’s consolidated revenues were $4.1 billion, up 4% on an underlying basis. This upside is majorly attributable to the Risk and Insurances Services plus Consulting Segments. However, the top line missed the Zacks Consensus Estimate by 3.1%.
Total operating expenses of $3.1 billion in the first quarter inched up 1.3% year over year due to high compensation and benefits.
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https://finance.yahoo.com/news/marsh-mcl...03746.html
Marsh & McLennan Companies, Inc. MMC delivered first-quarter 2019 adjusted earnings per share of $1.52, surpassing the Zacks Consensus Estimate by 4.8%. Also, the bottom line improved 10.1% year over year. Moreover, Marsh & McLennan’s consolidated revenues were $4.1 billion, up 4% on an underlying basis. This upside is majorly attributable to the Risk and Insurances Services plus Consulting Segments. However, the top line missed the Zacks Consensus Estimate by 3.1%.
Total operating expenses of $3.1 billion in the first quarter inched up 1.3% year over year due to high compensation and benefits.
...
https://finance.yahoo.com/news/marsh-mcl...03746.html
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