A Preview Of Hagerty's Earnings
Portfolio Pulse from Benzinga Insights
Hagerty (NYSE:HGTY) is scheduled to release its quarterly earnings report on March 12, 2024, with an expected EPS of $-0.02. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price fluctuating based on actual EPS outcomes and guidance. Currently, HGTY shares are trading at $8.98, reflecting an 11.68% increase over the last 52 weeks.
March 11, 2024 | 3:00 pm
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NEUTRAL IMPACT
Hagerty is anticipated to report an EPS of $-0.02 for the latest quarter with potential positive guidance for future growth. Historical performance shows variable stock price reactions post-earnings.
Given the expected EPS and the historical performance, the short-term impact on HGTY's stock price could be neutral. While a positive guidance could uplift the stock, historical data shows that the market's reaction to Hagerty's earnings can be unpredictable. The importance is high due to the potential guidance for future growth, but the confidence is not at maximum because market reactions to earnings reports can vary widely.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100