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Stock impact report

Marsh McLennan Reports First Quarter 2024 Results [Yahoo! Finance]

Marsh & McLennan Companies, Inc. (MMC) 
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: marsh.com
Company Research Source: Yahoo! Finance
NEW YORK, April 18, 2024 BUSINESS WIRE )--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ended March 31, 2024. John Doyle, President and CEO, said: "We had a terrific start to the year, reflecting continued momentum across our business. For the quarter, we generated 9% underlying revenue growth, 14% adjusted EPS growth, and 80 basis points of margin expansion. With this strong start, we are well positioned for another good year in 2024." "I am proud of our colleagues' dedication as they focus on helping our clients thrive in a complex and dynamic environment." Consolidated Results Consolidated revenue in the first quarter of 2024 was $6.5 billion, an increase of 9% compared with the first quarter of 2023. On an underlying basis, revenue increased 9%. Operating income rose 12% to $1.9 billion. Adjusted operating income, which excludes noteworthy items a Show less Read more
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