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

Hagerty

28/02/2025 14:15

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)