Mercury General: Q2 Earnings Insights

Mercury General MCY reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Mercury General missed estimated earnings by 537.5%, reporting an EPS of $-0.35 versus an estimate of $0.08.

Revenue was down $233.38 million from the same period last year.

Last quarter the company missed on EPS by $1.42 which was followed by a 1.9% increase in the share price the next day.

Here's a look at Mercury General's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.65	0.49	0.80	1.17
EPS Actual	-0.77	-0.23	0.64	1.13
Revenue Estimate	998.35M	994.38M	941.38M	938.52M
Revenue Actual	805.46M	994.57M	932.21M	1.02B

To track all earnings releases for Mercury General visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.