These Analysts Boost Their Forecasts On Marsh & McLennan Following Upbeat Earnings

Marsh & McLennan (NYSE:MMC) reported better-than-expected third-quarter earnings on Thursday.

Marsh & McLennan reported quarterly earnings of $1.63 per share which beat the analyst consensus estimate of $1.57 per share. The company reported quarterly sales of $5.70 billion which met the analyst consensus estimate.

John Doyle, President and CEO, said: “This was a milestone quarter for Marsh McLennan as we delivered strong results and announced the acquisition of McGriff Insurance Services. Our performance demonstrated continued momentum, with 5% underlying revenue growth, 110 basis points of margin expansion and ...