* Mercury General Corp MCY.N reported quarterly adjusted
earnings of $2.78 per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $1.15. The mean expectation of two analysts for
the quarter was for earnings of $1.12 per share. Wall Street
expected results to range from 64 cents to $1.60 per share.
* Revenue fell 0.6% to $1.37 billion from a year ago;
analysts
expected $1.40 billion.
* Mercury General Corp's reported EPS for the quarter was
$1.82.
* The company reported quarterly net income of $101.07
million.
* Mercury General Corp shares had fallen by 23.8% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 36.7%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* 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 average consensus recommendation for the property &
casualty
insurance peer group is "hold."
Wall Street's median 12-month price target for Mercury General
Corp is $70.00
This summary was machine generated from LSEG data February 11 at
10:01 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 1.12 2.78 Beat
Sep. 30 2024 1.70 2.54 Beat
Jun. 30 2024 0.80 1.09 Beat
Mar. 31 2024 0.13 0.78 Beat