MMC - Marsh & McLennan Companies Inc.
04/18/2024 | Press release | Distributed by Public on 04/18/2024 05:23
Marsh McLennan Reports First Quarter 2024 Results
Marsh McLennan Reports First Quarter 2024 Results
Apr 18, 2024
GAAP Revenue Increases 9%; Underlying Revenue Rises 9%
Growth in GAAP Operating Income of 12% and Adjusted Operating Income of 11%
First Quarter GAAP EPS Rises 14% to $2.82 and Adjusted EPS Increases 14% to $2.89
NEW YORK, April 18, 2024 - 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."
Media Contact:
Erick R. Gustafson
Marsh McLennan
+1 202 263 7788
[email protected]
Investor Contact:
Sarah DeWitt
Marsh McLennan
+1 212 345 6750
[email protected]