Mercury General Corp expected to post earnings of 9  cents a share - Earnings Preview

Mercury General

30/07/2022 03:04

* Mercury General Corp  MCY.N   MCY  is expected to show a
fall in
quarterly revenue when it reports  results on August 2. 
    * The Los Angeles California-based  company is expected to
report 
a 0.0% decrease in revenue to $1.019 billion from $1.02 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 earnings of 9 cents per share. For the same quarter last
year, the company reported earnings of $1.13 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"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​, above​ its last closing price of $41.93. ​​​

This summary was machine generated July 30 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated