Mercury General Q2 Profit Tops Estimates - Quick Facts

(RTTNews) - Mercury General Corp. (MCY) reported second quarter operating income per share of $1.86 compared to $0.74, previous year. On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.78, for the quarter. Analysts' estimates typically exclude special items.

Second quarter net premiums written declined year-on-year to $818.91 million from $936.08 million. Total revenues were $1.01 billion compared to $979.49 million.

The Board of Directors declared a quarterly dividend of $0.6300 per share. The dividend will be paid on September 29, 2020 to shareholders of record on September 15, 2020.