WASHINGTON (dpa-AFX) - Marsh & McLennan Companies Inc (MMC) revealed a profit for its second quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $1.13 billion, or $2.27 per share. This compares with $1.04 billion, or $2.07 per share, in last year's second quarter.
Excluding items, Marsh & McLennan Companies Inc reported adjusted earnings of $1.19 billion or $2.41 per share for the period.
Analysts on average had expected the company to earn $2.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.8% to $6.22 billion from $5.88 billion last year.
Marsh & McLennan Companies Inc earnings at a glance (GAAP) :
-Earnings (Q2): $1.13 Bln. vs. $1.04 Bln. last year. -EPS (Q2): $2.27 vs. $2.07 last year. -Revenue (Q2): $6.22 Bln vs. $5.88 Bln last year.
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