Marsh and Mclennan Companies Inc (MMC)
| Sector • Financial Industry • Insurance Brokerage |
| Industry • Insurance Brokerage |
| Sector • Financial |
Reasonable conduct at in the financial time-frame ending June 30 2022
company reported second quarter of 2022 operating surplus of $1364 million
Published 2022-07-22T09:02:11+00:00
Goran Soko / CSIMarket.com Contributer
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Revenue for the financial time-frame ending June 30 2022 increased by 6.849 % to $5.38 billion relative to $5.04 billion in the prior year reporting period, income surged by 19.38 % to $1.91, as comparison at $1.60 in the prior year reporting period.Revenue decreased by -3.479 % from $5.58 billion in prior period, EPS decreased by -9.05 % from $2.10 per share.
Earnings of $978.000 million in the financial time-frame ending June 30 2022 increased by 18.26 % from net earnings of $827.000 million reported in the financial time-frame ending June 30 2022 a year ago. Marsh And Mclennan Companies Inc also emphasized it's improving profit margins, where net margin rose to 18.17% in financial time-frame ending June 30 2022, and operating margin edged up to 25.34%.
Operating earnings, on the other hand, improved just 11.07% to $1364 million.
Marsh And Mclennan Companies Inc is expected to report next financial results on July 20, 2023.
Marsh And Mclennan Companies Inc's Receivables Turnover Ratio