Mercury General Corp. (MCY) Monday posted a fourth-quarter profit of $79.5 million, or $1.45 per share, making a turnaround from last year's loss of $23.6 million, or a loss of $0.43 per share. Operating income was $32.1 million, or $0.59 per share, this year, while the year-ago operating loss was $8.3 million, or a loss of $0.15 per share.
Six analysts polled by Thomson Reuters estimated earnings of $0.67 per share. Analysts' estimates usually exclude special items.
Revenues for the quarter climbed to $749.5 million from $655.6 million, with net premiums earned contributing $641.6 million in the recent quarter, compared to $640.8 million in the prior year. Three analysts polled by Thomson Reuters estimated revenues of $681.68 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.