Mercury General Corp expected to post earnings of 80 cents a share - Earnings Preview

Mercury General

30/10/2021 03:04

* Mercury General Corp  MCY.N   MCY  is expected to show a fall
in quarterly revenue when it reports results on November 2. 
* The Los Angeles, California-based company is expected to
report  a 5.7% decrease in revenue to $941.379 million from
$998.77 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 earnings of 80 cents per share. For the same quarter last
year, the company reported earnings of $1.23 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "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 $65​, about 16.2% above​ its last closing price
of $54.49. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.25        1.18       1.13      Missed  -3.8
 Mar. 31 2021  1.22        1.23       1.34      Beat    9.4
 Dec. 31 2020  0.70        0.69       1.38      Beat    100​
 Sep. 30 2020  1.03        1.06       1.23      Beat    16
 Jun.          0.79​       0.78       1.86      Beat    139.5​
 30​ 2020​                                              
 Mar. 31 2020  0.88        0.88       1.07      Beat    21.6​
 Dec. 31 2019  0.14        0.18       0.21      Beat    20
 Sep. 30 2019  1.03        1.04       0.78      Missed  -24.8
 This summary was machine generated October 30 at 02:04 GMT.  All
figures in US dollars unless otherwise stated