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

Mercury General

01/08/2023 23:02

* Mercury General Corp  MCY.N  reported a quarterly adjusted
loss
of 47 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 44
cents per share.
    * Revenue rose 37.9% to $1.08 billion from a year ago;
analysts
expected $1.08 billion. 
    * Mercury General Corp's reported EPS for the quarter was a
loss
of 75 cents​.
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Mercury General Corp shares had risen by 6.3% this
quarter and
lost 5.9% so far this year.
    * The company reported a quarterly loss of $41.54 million.
    * Wall Street's median 12-month price target for Mercury
General
Corp is $33.00 
    * 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 LSEG Refinitiv data
August 1 at 10:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.44          -0.47          Missed
 Mar. 31 2023      -1.12          -1.52          Missed
 Dec. 31 2022      -0.36          -1.45          Missed
 Sep. 30 2022      -0.25          0.28           Beat