Mercury General Corp expected to post earnings of 20 cents a share - Earnings Preview

Mercury General

09/02/2024 22:39

* Mercury General Corp  MCY.N   MCY  is expected to show a
rise in
quarterly revenue when it reports  results on February 13 for
the period ending December 31 2023
    * The Los Angeles California-based  company is expected to
report
a 0.8% increase in revenue to $1.161 billion from $1.15 billion
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Mercury General Corp is
for
earnings of 20 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 $45.00​, above​ its last closing price of $40.55. ​​​

This summary was machine generated February 9 at 22:39 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)