Mercury General Q1 Adj. EPS $(2.29) Beats $(3.25) Estimate, Sales $1.39B Miss $1.47B Estimate

Mercury General (NYSE:MCY) reported quarterly losses of $(2.29) per share which beat the analyst consensus estimate of $(3.25) by 29.54 percent. This is a 393.59 percent decrease over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $1.39 billion which missed the analyst consensus estimate of $1.47 billion by 5.48 percent. This is a 9.42 percent increase over sales of $1.27 billion the same period last year.