Financial Wire

Update: Marsh & McLennan Shares Rise After Q1 Adjusted Earnings, Revenue Beat Consensus

-- (Updates with recent stock movement in headline and first paragraph.)

Marsh & McLennan (MRSH) shares were up 4.7% in afternoon trading on Thursday after the company reported Q1 adjusted net income and revenue that surpassed analysts' consensus.

The company reported Q1 adjusted net income of $3.29 per diluted share, up from $3.06 a year earlier.

Analysts polled by FactSet expected $3.22.

Revenue for the quarter ended March 31 was $7.6 billion, up from $7.06 billion a year earlier.

Analysts surveyed by FactSet expected $7.41 billion.

Price: $183.14, Change: $+8.24, Percent Change: +4.71%

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