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

Mercury General

01/11/2022 22:13

* Mercury General Corp  MCY.N  reported quarterly adjusted
earnings of 28 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for a loss of 25 cents per share.
    * Revenue fell 3.4% to $900.29 million from a year ago;
analysts
expected $1.05 billion. 
    * Mercury General Corp's reported EPS for the quarter was a
loss
of $1.78​.
    * The mean earnings estimate of analysts had fallen by
about 176.9% 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 risen by 2.0% this
quarter and
lost 45.3% so far this year.
    * The company reported a quarterly loss of $98.3 million.
    * 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." 

This summary was machine generated from Refinitiv data November
1 at 10:13 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.49           -0.23          Missed