Mercury General Corp reports results for the quarter ended in December - Earnings Summary

Mercury General

14/02/2023 22:01

* Mercury General Corp  MCY.N  reported a quarterly adjusted
loss
of $1.45​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 36
cents per share.
    * Revenue rose 9.8% to $1.15 billion from a year ago;
analysts
expected $1.06 billion. 
    * Mercury General Corp's reported EPS for the quarter was a
loss
of 12 cents​.
    * The mean earnings estimate of analysts had fallen by
about 94.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Mercury General Corp shares had risen by 7.3% this
quarter.
    * The company reported a quarterly loss of $6.77 million.
    * Wall Street's median 12-month price target for Mercury
General
Corp is $45.00 
    * 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." 

This summary was machine generated from Refinitiv data February
14 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.36          -1.45          Missed
 Sep. 30 2022      -0.25          0.28           Beat
 Jun. 30 2022      0.09           -0.35          Missed
 Mar. 31 2022      0.65           -0.77          Missed