MCY - MERCURY GENERL （）

Mercury General Corp. lost its dividend aristocrat status in 2022 when the company cut its dividend by half. Find out whether you should invest in MCY stock.

https://www.investing.com/news/pro/mercury-general-corp-receives-investment-bank-analyst-rating-update-3075827

Mercury General (NYSE: MCY ) reported its Q1 earnings results on Tuesday, May 2, 2023 at 04:05 PM. Here''s what investors need to know about the announcement. Earnings Mercury General missed estimated earnings by 35.71%, reporting an EPS of $-1.52 versus an … Full story available on Benzinga.com

Mercury General press release (MCY): Q1 Non-GAAP EPS of -$1.52 misses by $0.37.Revenue of $1.11B (+37.8% Y/Y) beats by $60M.

—LOS ANGELES— Mercury General Corp. on Tuesday reported a loss of $45.3 million in its first quarter. On a per-share basis, the Los Angeles- based company said it had a loss of 82 cents. This story was generated by Automated Insights using data from Zacks Investment Research. The post Mercury General: Q1 Earnings Snapshot appeared first on Insurance News | InsuranceNewsNet .

According to data from Benzinga Pro, during Q3, Mercury General ''s (NYSE: MCY ) reported sales totaled $900.29 million. Despite a 53.34% increase in earnings, the company posted a loss of $98.30 million. In Q2, Mercury General brought in $785.62 million in sales but lost $210.68 million in earnings. Why Is ROCE Significant? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of a company and is a … Full story available on Benzinga.com

Mercury General took off like a rocket on Friday.

Shares of Mercury General Corp. undefined charged up 12.9% toward a three-month high in afternoon trading Friday, after automobile insurance broker and…

Gainers Starry Group Holdings, Inc. (NYSE: STRY ) rose 55.6% to close at $0.28 on Wednesday after reporting Q3 results. Benefitfocus, Inc. (NASDAQ: BNFT ) shares surged 48.2% to settle at $10.36 on Wednesday after the company announced it will be acquired by Voya Financial for $10.50 per share. Forza X1, Inc. (NASDAQ: FRZA ) climbed 45% to close at $2.45 after the company announced it received 50 electric boat reservations in the last 90 days, potentially resulting in over $8.5 million in revenue. Bandwidth Inc. (NASDAQ: BAND ) rose 41.6% to close at $17.42 after the company reported better-than-expected Q3 sales results. The company also issued Q4 and FY22 sales guidance above analyst estimates. Rayonier Advanced Materials Inc. (NYSE: RYAM ) shares gained 34.2% to close at $6.00 as the company posted upbeat quarterly results. Chegg, Inc. (NYSE: CHGG ) gained 22% to close at $25.75 after the company reported better-than-expected Q3 results. The company also issued FY22 sales guidance above analyst estimates.

According to data from Benzinga Pro, during Q3, Mercury General ''s (NYSE: MCY ) reported sales totaled $900.29 million. Despite a 53.34% increase in earnings, the company posted a loss of $98.30 million. In Q2, Mercury General brought in $785.62 million in sales but lost $210.68 million in earnings. Why Is ROCE Significant? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of a company and is a … Full story available on Benzinga.com

Mercury General took off like a rocket on Friday.

Shares of Mercury General Corp. undefined charged up 12.9% toward a three-month high in afternoon trading Friday, after automobile insurance broker and…

Gainers Starry Group Holdings, Inc. (NYSE: STRY ) rose 55.6% to close at $0.28 on Wednesday after reporting Q3 results. Benefitfocus, Inc. (NASDAQ: BNFT ) shares surged 48.2% to settle at $10.36 on Wednesday after the company announced it will be acquired by Voya Financial for $10.50 per share. Forza X1, Inc. (NASDAQ: FRZA ) climbed 45% to close at $2.45 after the company announced it received 50 electric boat reservations in the last 90 days, potentially resulting in over $8.5 million in revenue. Bandwidth Inc. (NASDAQ: BAND ) rose 41.6% to close at $17.42 after the company reported better-than-expected Q3 sales results. The company also issued Q4 and FY22 sales guidance above analyst estimates. Rayonier Advanced Materials Inc. (NYSE: RYAM ) shares gained 34.2% to close at $6.00 as the company posted upbeat quarterly results. Chegg, Inc. (NYSE: CHGG ) gained 22% to close at $25.75 after the company reported better-than-expected Q3 results. The company also issued FY22 sales guidance above analyst estimates.