Mercury General in California Reports 2Q Earnings of $228M
Mercury General Corp. on Monday reported second-quarter earnings of $228.2 million.
The Los Angeles-based company said it had net income of $4.12 per share. Earnings, adjusted for investment gains, were $1.86 per share.
The auto insurance company posted revenue of $1.01 billion in the period. Its adjusted revenue was $847.4 million.
Mercury General shares have decreased 12% since the beginning of the year. The stock has fallen 24% in the last 12 months.
Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Popular Today
- Court Ruling Could Help Shed Light on Owners of Litigation Funders, Medical Clinics
- Former CEO of Nonprofit P/C Statistical Agent Sentenced for Stealing Millions
- CEO Sentenced in Miami to 15 Years in One of the Largest Health Care Fraud Cases
- Three Top P/C Insurers Account for Most of Insurance AI Patents