Mercury General Posts 3Q Profit

LOS ANGELES (AP) _ Mercury General Corp. (MCY) on Monday reported third-quarter net income of $15.3 million.

The Los Angeles-based company said it had profit of 28 cents per share. Earnings, adjusted for investment costs, were 59 cents per share.

The auto insurance company posted revenue of $778.7 million in the period.

Mercury General shares have declined almost 5 percent since the beginning of the year. The stock has risen roughly 2 percent in the last 12 months.

This story was generated by Automated Insights (http://ift.tt/1nCTSu9) using data from Zacks Investment Research. Access a Zacks stock report on MCY at http://ift.tt/1GHY8EW

Keywords: Mercury General, Earnings Report

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