Mercury General: Q4 Earnings Snapshot

LOS ANGELES (AP) — LOS ANGELES (AP) — Mercury General Corp. (MCY) on Tuesday reported profit of $101.1 million in its fourth quarter.

On a per-share basis, the Los Angeles-based company said it had net income of $1.82. Earnings, adjusted for investment costs, came to $2.78 per share.

The auto insurance company posted revenue of $1.37 billion in the period. Its adjusted revenue was $1.43 billion.

For the year, the company reported profit of $468 million, or $8.45 per share. Revenue was reported as $5.39 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