Market Overview

UPDATE: Mercury General Posts Wider Q2 Loss


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


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