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UPDATE: Marsh & McLennan Q2 Net Profit Surges 18%

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Marsh & McLennan Companies (NYSE: 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.

Posted-In: profitEarnings News

 

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