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.

Earnings

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.

Past Earnings Performance

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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