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NEW YORK (AP) — NEW YORK (AP) — Marsh & McLennan Cos. (MMC) on Thursday reported first-quarter earnings of $1.38 billion.
The New York-based company said it had net income of $2.79 per share. Earnings, adjusted for non-recurring costs, came to $3.06 per share.
The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3.02 per share.
The global professional services firm providing strategy, risk and people solutions posted revenue of $7.06 billion in the period, which did not meet Street forecasts. Eight analysts surveyed by Zacks expected $7.07 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MMC at https://www.zacks.com/ap/MMC