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Mercury General: Q4 Earnings Insights

Author: Benzinga Insights | February 13, 2024 05:20pm

Mercury General (NYSE:MCY) reported its Q4 earnings results on Tuesday, February 13, 2024 at 04:05 PM.

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

Earnings

Mercury General beat estimated earnings by 505.26%, reporting an EPS of $1.15 versus an estimate of $0.19.

Revenue was up $223.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.0 which was followed by a 21.6% increase in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.14 -0.48 -1.12 -0.36
EPS Actual 1.14 -0.47 -1.52 -1.45
Revenue Estimate 1.11B 1.05B 1.05B 1.06B
Revenue Actual 1.06B 1.08B 1.11B 1.15B

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.

Posted In: MCY

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