Insurance brokerage Marsh & McLennan Companies Inc. (MMC) posted higher first-quarter net income attributable to the company of $413 million, or $0.74 per share, compared with $347 million, or $0.63 per share, in the prior-year quarter. On an adjusted basis, earnings per share amounted to $0.73 in the recent period. On average, 20 analysts polled by Thomson Reuters expected earnings per share of $0.69 for the quarter. Analysts' estimates typically exclude one-time items.
During the first quarter of 2013, consolidated revenue totaled $3.13 billion, up 2% on both a reported and underlying basis compared with last year's $3.05 billion. Analysts estimated revenues of $3.18 billion for the quarter.
Marsh delivered underlying revenue growth across all major geographies, led by strong performance in the International unit as well as sequential improvement in the U.S./Canada division. Guy Carpenter's quarterly underlying revenue growth was driven by strong growth in its International and Global Specialty operations, and the Consulting segment produced significant growth in profitability and margin expansion, led by Mercer.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.