Hagerty Inc expected to post earnings of 9  cents a share - Earnings Preview

Hagerty

04/08/2023 19:30

* Hagerty Inc  HGTY.N   HGTY.K  is expected to show a rise
in
quarterly revenue when it reports  results on August 8. 
    * The Traverse City Michigan-based  company is expected to
report 
a 26.0% increase in revenue to $259.56 million from $206.02
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hagerty Inc is for
earnings of 9 cents 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 no "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​, above​ its last closing price of $8.28. ​​​

This summary was machine generated August 4 at 18:30 GMT.  All
figures in US dollars  unless otherwise stated