Marsh & Mclennan (MMC) Q4 EPS Tops Estimates, Up 12 Pct

 Feb 14, 2012 |

 

Professional services company Marsh & McLennan Companies Inc. (NYSE:MMC) reported adjusted EPS of 46 cents in Q4, versus consensus estimate of 45 cents, and up 12% from last year.

Revenue rose 3% to $2.9 billion on an underlying basis, while analysts' expected $2.96 billion.  

MMC's risk and insurance services and consulting segments recorded double-digit growth in operating income on an adjusted basis, it said.

Adjusted operating margin was 14.1%, compared with 13.6% in the same period of last year.

The stock ended Monday's regular trading session at $32.25. The shares have been trading in the 52-week range between $25.29 and $32.72.



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