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

Mercury General

04/05/2022 18:25

* Mercury General Corp  MCY.N  reported a quarterly adjusted
loss
of 77 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
65 cents per share.
    * Revenue fell 18.9% to $805.46 million from a year ago; 
analysts
expected $998.35 million. 
    * Mercury General Corp's reported EPS for the quarter was a
loss
of $3.56​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Mercury General Corp shares had fallen by 6.0% this
quarter and
lost 2.6% so far this year.
    * The company reported a quarterly loss of $196.92 million.
    * Wall Street's median 12-month price target for Mercury
General
Corp is $65.00 
    * 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." 

This summary was machine generated May 4 at 05:25 p.m.  ​All
figures in US dollars unless otherwise stated