Mercury General (MCY) Q2 EPS Jumps 145%

Mercury General (NYSE:MCY), an insurance group that sells property and auto coverage mainly in California, reported much higher than expected non-GAAP earnings for Q2 2025, as announced on July 29, 2025. The most notable result was a jump in non-GAAP earnings per share to $2.67, far above the $1.65 consensus estimate. Non-GAAP revenue was $1.48 billion, also beating the analyst target. Earnings and operating performance improved year-over-year, driven by lower catastrophe losses, favorable reserve development, and better investment results. The period was marked by year-over-year gains and strong operational execution. Source: Analyst estimates for the quarter provided by FactSet. Mercury General is one of California’s largest personal lines insurers, offering personal auto, homeowners, and commercial auto insurance. Nearly 90 % of its business comes through independent agents, and it is especially noted for its high share of California private passenger auto insurance. The company is particularly exposed to the California market, which brings both strong brand recognition and regional risk due to natural disasters and regulatory constraints.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool