Marsh & McLennan rises on Q1 beat

Marsh & McLennan Companies

18/04/2024 14:36

** Shares of insurance broker Marsh & McLennan Companies
 MMC.N  rise 4.2% to $206 
    ** Co posts Q1 adj. EPS of $2.89; beating Wall Street view
of $2.80 - LSEG data 
    ** Quarterly revenue of $6.47 bln above average analyst
estimates of $6.39 bln 
    ** Five of 22 brokerages rate the stock "buy", 15 "hold" and
two "sell"; their median PT is $210
    ** Including session's gains, stock has risen 8.7% YTD

 (Reporting by Khushi Singh in Bengaluru)
 ((Khushi.Singh@thomsonreuters.com;))