Recap: Mercury General Q1 Earnings

Mercury General MCY reported its Q1 earnings results on Tuesday, May 2, 2023 at 04:05 PM.

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

Mercury General missed estimated earnings by 35.71%, reporting an EPS of $-1.52 versus an estimate of $-1.12.

Revenue was up $301.54 million from the same period last year.

Last quarter the company missed on EPS by $1.09 which was followed by a 6.92% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.36	-0.25	0.08	0.65
EPS Actual	-1.45	0.28	-0.35	-0.77
Revenue Estimate	1.06B	1.05B	1.02B	998.35M
Revenue Actual	1.15B	900.29M	785.62M	805.46M

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.

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