Investing.com - Marsh McLennan (NYSE:MMC) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.09 on revenue of $3.71B. Analysts polled by Investing.com forecast EPS of $1.05 on revenue of $3.74B. That compared to EPS of $1.05 on revenue of $3.69B in the same period a year earlier. The company had reported EPS of $0.78 on revenue of $3.5B in the previous quarter.
For the year, Marsh McLennan shares are up 5.03%, under-performing the S&P 500 which is up 8.65% year to date.
Marsh McLennan follows other major Financial sector earnings this month
On January 15, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.84B.
Bank of America earnings beat analyst's expectations on January 16, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.35B
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