Hagerty Inc reports results for the quarter ended in March - Earnings Summary

Hagerty

09/05/2023 14:34

* Hagerty Inc  HGTY.N  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 25 cents per
share.
    * Revenue was $218.35 million​; analysts expected $213.87
million. 
    * Hagerty Inc's reported EPS for the quarter was a loss of 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 525%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Hagerty Inc shares had risen by 8.4% this quarter and
gained 12.6% so far this year.
    * The company reported a quarterly loss of $2.1 million.
    * Wall Street's median 12-month price target for Hagerty Inc
is
$15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.25          -0.03          Beat
 Dec. 31 2022      -0.08          -0.06          Beat
 Sep. 30 2022      0.07           0.07           Met