By Adriano Marchese

 

Marsh & McLennan Cos. on Thursday reported a rise in third-quarter profit, benefiting from higher revenue in the period.

The professional services firm reported a profit of $1.05 a share, up from 62 cents a share in the comparable quarter a year ago.

Net income was $537 million, compared with $316 million a year ago.

Adjusted earnings were $1.08 a share, beating analyst expectations of $1 a share, according to FactSet.

Revenue rose 16% to $4.58 billion.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

October 21, 2021 07:29 ET (11:29 GMT)

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