Investing.com - Marsh McLennan (NYSE:MMC) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.18 on revenue of $4.35B. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $4.27B. That compared to EPS of $1.1 on revenue of $3.73B in the same period a year earlier. The company had reported EPS of $1.52 on revenue of $4.07B in the previous quarter.
For the year, Marsh McLennan shares are up 29.38%, outperforming the S&P 500 which is up 21.96% year to date.
Marsh McLennan follows other major Financial sector earnings this month
On July 16, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.5 on revenue of $28.84B.
Bank of America earnings beat analyst's expectations on July 17, with second quarter EPS of $0.74 on revenue of $23.08B. Investing.com analysts expected EPS of $0.71 on revenue of $23.11B
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