Mercury General (MCY) reported Q4 net income late Tuesday of $1.82 per diluted share, down from $3.46 a year earlier.
A single analyst polled by FactSet expected $0.64.
Revenue for the quarter ended Dec. 31 was down to $1.366 billion from $1.375 billion a year earlier.
A single analyst surveyed by FactSet expected $1.40 billion.