Mercury General Corp expected to post a loss of 36 cents a share - Earnings Preview

Mercury General

11/02/2023 01:17

* Mercury General Corp  MCY.N   MCY  is expected to show a
rise in
quarterly revenue when it reports  results on February 14. 
    * The Los Angeles California-based  company is expected to
report 
a 1.0% increase in revenue to $1.06 billion from $1.05 billion 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 36 cents 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 was unchanged 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 $37.18. ​​​

This summary was machine generated February 11 at 01:17 GMT. 
All figures in US dollars  unless otherwise stated