The third quarter financial results of Mercury General Corporation (NYSE: MCY) will be revealed on Tuesday 29th October 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.
the concern is poised to announce an estimated $1.70 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $1.37 billion for this period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $1.14. This significant amount was attributed to the company's remarkable total revenue of $1.07 billion generated during that specific period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $5.35 billion. Additionally, they expect the company to reach profit of $5 per share for the fiscal year.
During Friday's trading, Mercury General Corporation (MCY) shares reached a low of $66.35 and a high of $68.37, along with a total volume of 195.80 thousand shares. The stock ended the regular trading session at $67.04, indicating downfall of 1.43 percent.
