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 $1.64 on revenue of $4.65B. Analysts polled by Investing.com anticipated EPS of $1.57 on revenue of $4.68B. That compared to EPS of $1.52 on revenue of $4.07B in the same period a year earlier. The company had reported EPS of $1.19 on revenue of $4.26B in the previous quarter.
For the year, Marsh McLennan shares are down 15.07%, under-performing the S&P 500 which is down 9.4% year to date.
Marsh McLennan follows other major Financial sector earnings this month
On Tuesday, April 14, 2020, JPMorgan reported first quarter EPS of $0.78 on revenue of $29.07B, compared to forecasts of EPS of $1.87 on revenue of $29.54B.
Mastercard earnings beat analyst's expectations on Wednesday, with first quarter EPS of $1.83 on revenue of $4.01B. Investing.com analysts expected EPS of $1.75 on revenue of $4B
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