Mercury General (MCY) Q3 Earnings and Revenues Top Estimates

Mercury General (MCY) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of$ 1.15 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 120.87%. A quarter ago, it was expected that this auto insurance company would post earnings of$ 0.80 per share when it actually produced earnings of $1.09, delivering a surprise of 36.25%. Over the last four quart ...