Mercury General Corp expected to post a loss of $1.12 a share - Earnings Preview

Mercury General

29/04/2023 24:00

* Mercury General Corp  MCY.N   MCY  is expected to show a
rise in
quarterly revenue when it reports  results on May 2. 
    * The Los Angeles California-based  company is expected to
report 
a 30.1% increase in revenue to $1.048 billion from $805.46
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mercury General
Corp is
for a loss of $1.12 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 71.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Mercury
General
Corp is $45​, above​ its last closing price of $30.41. ​​​

This summary was machine generated April 28 at 23:00 GMT.  All
figures in US dollars  unless otherwise stated