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Mercury General (MCY) came out with a quarterly loss of $0.47 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to loss of $0.35 per share a year ago.
Mercury General (MCY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LOS ANGELES , July 11, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, August 1, 2023, the Company will issue an earnings press release reporting its results for the second quarter of 2023, and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's quarterly report on Form 10-Q.
Mercury General lost its dividend aristocrat status in 2022 when the company cut its dividend by half. Since then, the insurer has struggled with deteriorated underwriting margins, stubbornly paying a quarterly dividend.
LOS ANGELES , April 18, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, May 2, 2023, the Company will issue an earnings press release reporting its results for the first quarter of 2023, and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's quarterly report on Form 10-Q.
Mercury General (MCY) delivered earnings and revenue surprises of -137.70% and 0.12%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
LOS ANGELES , Jan. 13, 2023 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, February 14, 2023, the Company will issue an earnings press release reporting its results for the fourth quarter of 2022, and will also file its annual report on Form 10-K with the Securities and Exchange Commission. The earnings press release should be read in conjunction with the Company's annual report on Form 10-K.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. Mercury General (MCY), Employers Holdings (EIG) and Trip.com Group (TCOM) are well-poised to gain.