Investing.com - Marsh McLennan (NYSE:MMC) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.52 on revenue of $4.07B. Analysts polled by Investing.com anticipated EPS of $1.45 on revenue of $4.19B. That compared to EPS of $1.23 on revenue of $4B in the same period a year earlier. The company had reported EPS of $1.09 on revenue of $3.71B in the previous quarter.
For the year, Marsh McLennan shares are up 18.66%, broadly in line with the S&P 500 which is up 18.18% year to date.
Marsh McLennan follows other major Financial sector earnings this month
On April 12, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.
Bank of America earnings beat analyst's expectations on April 16, with first quarter EPS of $0.7 on revenue of $23B. Investing.com analysts expected EPS of $0.66 on revenue of $23.16B
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