Mercury shares slide as profits fall by a third

Shares in LA-headquartered Mercury General dropped by more than 11 percent following the release of its third quarter results on Monday, which saw the carrier’s operating income drop from $61.7mn in Q3 2018 to $43mn in the most recent quarter.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com