Hagerty, Inc. (HGTY) Tops Q2 EPS by 4c; offers guidance

Hagerty, Inc. (NYSE: HGTY) reported Q2 EPS of $0.12, $0.04 better than the analyst estimate of $0.08. Revenue for the quarter came in at $313.2 million versus the consensus estimate of $260.16 million.

GUIDANCE:

Hagerty, Inc. sees FY2024 revenue of $1.16-1.18 billion, versus the consensus of $1.169 billion.

Written Premium growth of 14-15%
Total Revenue growth of 16-18%
Net Income growth of 170-198%
Adjusted EBITDA growth of 47-59%

For earnings history and earnings-related data on Hagerty, Inc. (HGTY) click here.

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