Hagerty Inc (HGTY) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst Catastrophe ... [Yahoo! Finance]
Hagerty, Inc. Class A (HGTY)
Company Research
Source: Yahoo! Finance
Commission and Fee Revenue: Increased 13% to $116 million. Membership, Marketplace, and Other Revenue: Rose 27% to $42 million. Earned Premium: Increased 19% to $166 million. Operating Income: $10 million in Q3, excluding Helene's impact would have been double the prior year. Adjusted EBITDA: $24 million, impacted by $25 million in losses from Hurricane Helene. Net Income: $19 million for Q3 2024. Operating Cash Flow: $190 million for the first nine months of 2024, up 43%. Loss Ratio: Year-to-date at 47%, including 7 points from catastrophe impacts. GAAP EPS: $0.03 for the quarter. Adjusted EPS: $0.05 for Q3 and $0.22 for the first nine months of 2024. Unrestricted Cash Balance: $147 million as of September 2024. Long-term Debt: $123 million, with $77 million excluding specific back leverage. 2024 Revenue Outlook: Increased to $1.18 billion with 15% written premium growth. Net Income Outlook: $65 million to $74 million for 2024. Adjusted EBITDA Outlook: $1
Show less
Read more
Impact Snapshot
Event Time:
HGTY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HGTY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HGTY alerts
High impacting Hagerty, Inc. Class A news events
Weekly update
A roundup of the hottest topics
HGTY
News
- Hélio Castroneves Named Honoree at The Amelia in 2025PR Newswire
- Patrick Dempsey Returns to Racing in Back on Track Docuseries from the Mobil 1™ brand and HagertyPR Newswire
- Hagerty, Inc. (HGTY) Misses Q3 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
- Hagerty Reports Third Quarter 2024 Results; Updates 2024 Outlook for Revenue and Profit GrowthPR Newswire
- What To Expect From Hagerty Inc (HGTY) Q3 2024 Earnings [Yahoo! Finance]Yahoo! Finance
HGTY
Earnings
- 11/7/24 - Miss
HGTY
Sec Filings
- 11/21/24 - Form 144
- 11/21/24 - Form 4
- 11/20/24 - Form 144
- HGTY's page on the SEC website