LOS ANGELES (AP) — LOS ANGELES (AP) — Mercury General Corp. (MCY) on Tuesday reported earnings of $191.4 million in its fourth quarter. On a per-share basis, the Los Angeles-based company said it had profit of $3.46. Earnings, adjusted for investment gains, were $1.15 per share. The auto insurance company posted revenue of $1.37 billion in the period. Its adjusted revenue was $1.21 billion. For the year, the company reported profit of $96.3 million, or $1.74 per share. Revenue was reported as $4.53 billion. _____ 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
Q4 2023 Press Release
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