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MCY

Mercury General Corporation

$53.86

Earnings Summary

Revenue
$1274.09Mn
Net Profits
$73.46Mn
Net Profit Margins
5.77%
PE Ratio
13.85

Highlights

Revenue:

Mercury General Corporation’s revenue jumped 15.14% since last year same period to $1274.09Mn in the Q1 2024. On a quarterly growth basis, Mercury General Corporation has generated -7.31% fall in its revenue since last 3-months.

Net Profits:

Mercury General Corporation’s net profit jumped 262.21% since last year same period to $73.46Mn in the Q1 2024. On a quarterly growth basis, Mercury General Corporation has generated -61.62% fall in its net profits since last 3-months.

Net Profit Margins:

Mercury General Corporation’s net profit margin jumped 240.88% since last year same period to 5.77% in the Q1 2024. On a quarterly growth basis, Mercury General Corporation has generated -58.59% fall in its net profit margins since last 3-months.

PE Ratio:

Mercury General Corporation’s price-to-earnings ratio after this Q1 2024 earnings stands at 13.85.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
0.8
EPS Estimate Current Year
0.8

Highlights

EPS Estimate Current Quarter:

Mercury General Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.8 - a 515.38% jump from last quarter’s estimates.

EPS Estimate Current Year:

Mercury General Corporation’s earning per share (EPS) estimates for the current year stand at 0.8.

Key Ratios

Key ratios of the Mercury General Corporation post its Q1 2024 earnings

Earning Per Share (EPS)
0.78
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.14
Dividend Per Share (DPS)
0.32

Highlights

Earning Per Share (EPS):

Mercury General Corporation’s earning per share (EPS) jumped 151.32% since last year same period to 0.78 in the Q1 2024. This indicates that the Mercury General Corporation has generated 151.32% annual rate of jump 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 Corporation’s return on assets (ROA) stands at 0.02.

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 Corporation’s return on equity (ROE) stands at 0.14.

Dividend Per Share (DPS):

Mercury General Corporation declared 0.32 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-30
0.13
0.78
500%