Mercury General: 1Q Earnings Snapshot

LOS ANGELES (AP) _ Mercury General Corp. (MCY) on Monday reported a first-quarter loss of $139.2 million, after reporting a profit in the same period a year earlier.

The Los Angeles-based company said it had a loss of $2.51 per share. Earnings, adjusted for investment costs, were $1.07 per share.

The auto insurance company posted revenue of $708.3 million in the period. Its adjusted revenue was $959.6 million.

Mercury General shares have declined 19% since the beginning of the year. The stock has declined 28% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCY at https://www.zacks.com/ap/MCY