Mercury General Projected 13.9% EPS Growth, Estimates Up 7.1%
Mercury General’s EPS is projected to grow 13.9% this year versus an industry average of -0.4%. The auto insurer’s 0.65 asset utilization ratio outpaces the 0.33 industry norm, sales are expected to climb 6.1% versus 4.4%, and current-year estimates have risen 7.1%.
1. Earnings Growth Analysis
Mercury General recorded a historical EPS growth rate of 14.1% and expects EPS to increase 13.9% this year, significantly outpacing the industry average decline of 0.4%.
2. Asset Efficiency and Sales Growth
The company’s sales-to-total-assets ratio stands at 0.65, nearly double the industry’s 0.33, while sales are projected to grow 6.1% against a 4.4% peer average.
3. Estimate Revisions and Rankings
Current-year earnings estimates have been revised upward by 7.1% over the past month, positioning Mercury General with a top Zacks Rank #1 and a Growth Score of A.