• Hagerty Inc HGTY.N reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of three analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 10 cents to 14 cents per share.

• Revenue rose 17.7% to $368.70 million from a year ago; analysts expected $347.15 million.

• Hagerty Inc's reported EPS for the quarter was 9 cents​.

• The company reported quarterly net income of $9.1 million.

• Hagerty Inc shares had fallen by 0.9% this quarter and gained 3.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.5% 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 "buy."

• Wall Street's median 12-month price target for Hagerty Inc is $11.00, about 8.9% above its last closing price of $10.02

This summary was machine generated from LSEG data August 4 at 01:31 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)