Mercury General (NYSE:MCY) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Mercury General missed estimated earnings by 218.46%, reporting an EPS of $-0.77 versus an estimate of $0.65.
Revenue was down $187.63 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.72 which was followed by a 1.12% increase in the share price the next day.
Here's a look at Mercury General's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.49 | 0.80 | 1.17 | 1.22 |
| EPS Actual | -0.23 | 0.64 | 1.13 | 1.34 |
| Revenue Estimate | 994.38M | 941.38M | 938.52M | 932.36M |
| Revenue Actual | 994.57M | 932.21M | 1.02B | 993.10M |
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.
