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.
