Marsh McLennan's 1Q Sales Come in Shy of Wall Street Targets -- Market Talk
Dow Jones
Apr 17
0916 ET - Professional services firm Marsh McLennan reports a 9% jump in 1Q revenue, but some of the top line figures were shy of Wall Street targets, weighing on shares. Total revenue of $7.06 billion missed analyst estimates, according to FactSet. The company's risk and insurance services business, its largest segment, logged 11% higher revenue at $4.76 billion, but analysts were looking for more. Consulting revenue was a brighter spot, rising 5% to clear forecasts. Shares slip 2.7% to $225 premarket. (dean.seal@wsj.com)
(END) Dow Jones Newswires
April 17, 2025 09:16 ET (13:16 GMT)
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