Market Overview

UPDATE: Mercury General Posts Wider Q2 Loss

Share:

Mercury General (NYSE: MCY) posted a wider second-quarter loss.

Mercury General posted a quarterly loss of $9.3 million, or $0.17 per share, versus a year-ago loss of $5.3 million, or $0.10 per share.

Its operating profit increased to $0.63 per share from $0.19 per share. However, analysts were expecting a profit of $0.64 per share.

Mercury General's revenue came in at $642.6 million.

Mercury General shares closed at $45.30 on Friday.

Posted-In: lossEarnings News

 

Related Articles (MCY)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com