Marsh & McLennan Companies MMC reported an 18% rise in its second-quarter profit.
Marsh & McLennan's quarterly profit surged to $388 million, or $0.69 per share, from $329 million, or $0.59 per share, in the year-ago period. Its adjusted earnings came in at $0.72 per share.
Its revenue rose 2% to $3.08 billion, while operating margin rose to 18.7% from 17.1%.
Marsh & McLennan shares closed at $42.01 yesterday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in