Hagerty Inc expected to post earnings of 1 cent a share - Earnings Preview

Reuters
02-28
<a href="https://laohu8.com/S/HGTY">Hagerty</a> Inc <hgty.n> expected to post earnings of 1 cent a share - Earnings Preview </hgty.n>
  • Hagerty Inc HGTY.N, HGTY.K is expected to show a rise in quarterly revenue when it reports results on March 4 for the period ending December 31 2024

  • The Traverse City Michigan-based company is expected to report a 13.6% increase in revenue to $278.39 million from $245.04 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Hagerty Inc is for earnings of 1 cent per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Hagerty Inc is $11.50​, above​ its last closing price of $10.08. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.39

0.39

0.05

Missed

-87

Jun. 30 2024

0.44

0.38

0.12

Missed

-68

Mar. 31 2024

0.09

0.09

0.04

Missed

-55.6​

Dec. 31 2023

-0.02

-0.02

0.03

Beat

228.6

​​Sep. 30 2023

0.06

0.06

0.04

Missed

-33.3

Jun. 30 2023

0.09

0.09

0.03

Missed

-64.7​

Mar. 31 2023

-0.25

-0.25

-0.03

Beat

88

Dec. 31 2022

-0.08

-0.08

-0.06

Beat

25

This summary was machine generated February 28 at 14:15 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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