Mercury General will announce earnings results this Tuesday after market close. The auto insurance provider beat analysts' revenue expectations last quarter, reporting revenues of $1.54 billion, up 10.5% year on year. For this quarter, the market expects revenue to grow 3.3% year on year, a slowdown from the 12.6% increase in the same quarter last year. Analysts have generally reconfirmed their estimates over the last 30 days, though the company has missed Wall Street's revenue estimates multiple times over the last two years. Mercury General is down 3.6% over the last month and heads into earnings with an average analyst price target of $120 compared to the current share price of $107.12.
Mercury General CorporationEarnings report upcoming; past revenue beat and current estimates suggest mixed outlook.