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Can Mercury General (MCY) Run Higher on Rising Earnings Estimates?
ZACKS· 2024-11-07 02:20
Mercury General (MCY) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this auto insurance company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between tr ...
Mercury General (MCY) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-30 06:26
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 ...
Mercury General(MCY) - 2024 Q3 - Quarterly Report
2024-10-30 04:08
Table of Contents Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock MCY New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ (Mark One) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition p ...
Mercury General(MCY) - 2024 Q3 - Quarterly Results
2024-10-30 04:06
Consolidated Highlights 4484 Wilshire Boulevard Los Angeles, California 90010 (323) 937-1060 Fax (323) 857-7125 Press Release FOR MORE INFORMATION, CONTACT: Theodore Stalick, SVP/CFO (323) 937-1060 www.mercuryinsurance.com For Release: October 29, 2024 Mercury General Corporation Announces Third Quarter Results and Declares Quarterly Dividend Los Angeles, California…Mercury General Corporation (NYSE: MCY) reported today for the third quarter of 2024: | --- | --- | --- | --- | --- | --- | --- | --- | --- | - ...
Mercury Insurance Wants You to Have a Spookily Safe Halloween
Prnewswire· 2024-10-28 23:45
文章核心观点 - 公司提醒消费者在万圣节期间要注意家庭和汽车安全 [1][2] - 公司建议采取一系列预防措施,包括清理通道、打开照明、锁门窗、谨慎驾驶等 [2][3][4][5] - 公司提醒消费者在万圣节期间要保持警惕,并建议及时与保险公司沟通 [7] 公司概况 - 公司总部位于洛杉矶,是一家多线保险公司,提供个人汽车、家庭和商业保险 [8][9] - 公司自1962年成立以来一直为客户提供超值的保险服务,获得了业内多项殊荣 [10]
MERCURY GENERAL CORPORATION TO REPORT THIRD QUARTER RESULTS ON OCTOBER 29, 2024
Prnewswire· 2024-10-09 00:45
LOS ANGELES, Oct. 8, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today that after the markets close on Tuesday, October 29, 2024, the Company will issue an earnings press release reporting its results for the third quarter of 2024, 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 Corporation and its subsidiaries ...
2 Highly Ranked Insurance Stocks That May Keep Soaring
ZACKS· 2024-10-01 08:31
Insurance stocks continue to stand out among the financial sector with quite a few making their way onto the Zacks Rank #1 (Strong Buy) list. To that point, many insurance industries are expected to benefit from rate cuts, which will likely reduce the borrowing costs for insurance companies. Furthermore, lower interest rates should increase consumer spending for insurance-related products. Keeping this in mind, Axis Capital Holdings AXS and Mercury General ((MCY) are two of these highly-ranked insurance sto ...
Mercury Insurance is Ready to Assist Florida Policyholders Impacted by Hurricane Helene
Prnewswire· 2024-09-28 00:00
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES, Sept. 27, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders who have been impacted by Hurricane Helene across the Florida Panhandle area. Customers can report damages and losses anytime through Mercury's claims hotline at (800) 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim.html. "We recognize that the recovery process after a h ...
Mercury Insurance is Ready to Assist Georgia Policyholders Impacted by Hurricane Helene
Prnewswire· 2024-09-28 00:00
Policyholders can report claims anytime at (800) 503-3724 or via Mercury's automated digital experience LOS ANGELES, Sept. 27, 2024 /PRNewswire/ -- Mercury Insurance is ready to assist policyholders who have been impacted by Hurricane Helene in Georgia. Customers can report damages and losses anytime through Mercury's claims hotline at (800) 503-3724 or digitally by visiting https://www.mercuryinsurance.com/claims/residence-claim.html. "We recognize that the recovery process after a hurricane such as Helene ...
Bodily Injury Costs Increase in Illinois, According to Mercury Insurance
Prnewswire· 2024-09-04 00:00
Mercury's New Umbrella Insurance Better Protects Illinoisans' Personal Wealth Against Bodily Injury Claims LOS ANGELES, Sept. 3, 2024 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery person being injured on your property are some of the unexpected events that are putting Illinoisans' personal financial health at risk. In fact, bodily injury payouts have continued to climb year over year since the start of the pandemic, with the average amount for a liability claim increasing by 35%, according ...