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Mercury General Corp. Q1 adjusted earnings Beat Estimates

Below are the earnings highlights for Mercury General Corp. (MCY):

-Earnings: $135.87 million in Q1 vs. -$42.61 million in the same period last year.
-EPS: $2.45 in Q1 vs. -$0.77 in the same period last year.
-Excluding items, Mercury General Corp. reported adjusted earnings of $48.12 million or $0.87 per share for the period.
-Analysts projected $0.79 per share
-Revenue: $1.02 billion in Q1 vs. $0.78 billion in the same period last year.

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