• Hagerty Inc HGTY.N reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of three analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from zero cents to 1 cents per share.

• Revenue rose 19.1% to $291.73 million from a year ago; analysts expected $278.39 million.

• Hagerty Inc's reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $1.23 million.

• Hagerty Inc shares had risen by 3.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 60% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the property & casualty insurance peer group is also "hold"

Wall Street's median 12-month price target for Hagerty Inc is $11.50

This summary was machine generated from LSEG data March 4 at 04:39 p.m. UTC. ​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)