Hagerty Q2 Adj EPS $0.05 Beats $0.04 Estimate, Sales $261.24M Beat $259.56M Estimate
Portfolio Pulse from bharat@benzinga.com
Hagerty (NYSE:HGTY) reported Q2 earnings of $0.05 per share, beating the analyst consensus estimate of $0.04 by 25%. This is a 350% increase over losses of $(0.02) per share from the same period last year. The company also reported quarterly sales of $261.24 million, beating the analyst consensus estimate of $259.56 million by 0.65%. This is a 26.81% increase over sales of $206.02 million the same period last year.
August 08, 2023 | 11:13 am
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Hagerty's Q2 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Hagerty's Q2 earnings and sales have exceeded the estimates, which indicates a strong financial performance. This could potentially lead to a positive sentiment among investors, which could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100