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.
_____
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
For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.
, source Associated Press News