Mercury General: Q1 Earnings Snapshot

LOS ANGELES (AP) — LOS ANGELES (AP) — Mercury General Corp. (MCY) on Tuesday reported profit of $73.5 million in its first quarter.

On a per-share basis, the Los Angeles-based company said it had profit of $1.33. Earnings, adjusted for investment gains, came to 78 cents per share.

The auto insurance company posted revenue of $1.27 billion in the period. Its adjusted revenue was $1.24 billion.

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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