Mercury General Corp. logo

MCY

Mercury General Corp.

$34.8

Earnings Summary

Revenue
$785.63Mn
Net Profits
$-210.68Mn
Net Profit Margins
-26.82%

Highlights

Revenue:

Mercury General Corp.’s revenue fell -22.89% since last year same period to $785.63Mn in the Q2 2022. On a quarterly growth basis, Mercury General Corp. has generated -2.46% fall in its revenue since last 3-months.

Net Profits:

Mercury General Corp.’s net profit fell -292.96% since last year same period to $-210.68Mn in the Q2 2022. On a quarterly growth basis, Mercury General Corp. has generated -6.99% fall in its net profits since last 3-months.

Net Profit Margins:

Mercury General Corp.’s net profit margin fell -350.23% since last year same period to -26.82% in the Q2 2022. On a quarterly growth basis, Mercury General Corp. has generated -9.69% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Mercury General Corp. post its latest quarter earnings

EPS Estimate Current Quarter
0.09
EPS Estimate Current Year
0.09

Highlights

EPS Estimate Current Quarter:

Mercury General Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.09 - a -86.15% fall from last quarter’s estimates.

EPS Estimate Current Year:

Mercury General Corp.’s earning per share (EPS) estimates for the current year stand at 0.09.

Key Ratios

Key ratios of the Mercury General Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
-0.35
Return on Assets (ROA)
-0.05
Return on Equity (ROE)
-0.2
Dividend Per Share (DPS)
2.54

Highlights

Earning Per Share (EPS):

Mercury General Corp.’s earning per share (EPS) fell -130.97% since last year same period to -0.35 in the Q2 2022. This indicates that the Mercury General Corp. has generated -130.97% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Mercury General Corp.’s return on assets (ROA) stands at -0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Mercury General Corp.’s return on equity (ROE) stands at -0.2.

Dividend Per Share (DPS):

Mercury General Corp. declared 2.54 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-03
0.65
-0.77
-218.46%
2022-08-02
0.09
-0.35
-488.89%

Company Information

Mercury General Corporation and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent producers in many states.

Organisation
Mercury General Corp.
Headquarters
4484 Wilshire Boulevard, Los Angeles, CA, United States, 90010
Employees
4300
Industry
Finance
CEO
Gabriel Tirador