Marsh McLennan Q3 adj EPS $1.18, up 9%; underlying revenue rises 8%

MARSH & MCLENNAN COMPANIES, INC.

2022-Q3 EPS reported $5.11 revenue$15,698,000,000

GAAP revenue $4.8B (+4% YoY); underlying revenue +8%; GAAP EPS $1.08 (+3%); adj EPS $1.18 (+9%).
Risk & Insurance: revenue $2.8B (+6%, underlying +9%); operating income up 32% to $529M.
Consulting: revenue $2.0B (+1%, underlying +8%); adj operating income +3% to $362M.
Marsh underlying revenue +8% (US/Canada +5%, Intl +11%); Guy Carpenter underlying +7%.
CEO succession: Dan Glaser retiring year-end; John Doyle to become CEO Jan 1, 2023.

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