Hagerty Reaffirmed 2024 Outlook For 15%-17% Total Revenue Growth, 116%-148% Net Income Growth And 41-53% Adjusted EBITDA Growth
Portfolio Pulse from Benzinga Newsdesk
Hagerty has reaffirmed its 2024 financial outlook, projecting significant growth across key financial metrics. The company expects total revenue growth of 15%-17%, net income growth of 116%-148%, and adjusted EBITDA growth of 41%-53%.

May 07, 2024 | 11:49 am
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Hagerty reaffirms its 2024 financial outlook with substantial growth in revenue, net income, and adjusted EBITDA.
Reaffirming a positive financial outlook, especially with such significant growth rates in revenue, net income, and EBITDA, is likely to instill confidence in investors and could lead to a positive short-term impact on Hagerty's stock price. The specific and substantial projected growth rates across key financial metrics highlight the company's strong future prospects and operational efficiency, making it an attractive investment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100