Loading...
Loading...
Mercury General
MCY reported a 9.4% drop in its first-quarter earnings.
Mercury General's quarterly profit fell to $66.5 million, or $1.21 per share, from $73.4 million, or $1.34 per share, in the year-ago period. Its operating profit declined to $0.69 from $0.71 per share.
Its revenue rose 2.4% to $740.2 million. However, analysts were expecting earnings of $0.48 per share on revenue of $703 million.
Mercury General shares closed at $42.46 on Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in