LOS ANGELES (AP) — LOS ANGELES (AP) — Mercury General Corp. (MCY) on Tuesday reported profit of $190.4 million in its first quarter.
On a per-share basis, the Los Angeles-based company said it had net income of $3.44. Earnings, adjusted for investment costs, came to $3.50 per share.
The auto insurance company posted revenue of $1.54 billion in the period.
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