Workflow
Hagerty(HGTY)
icon
Search documents
Hagerty(HGTY) - 2024 Q2 - Earnings Call Transcript
2024-08-06 15:56
Hagerty, Inc. (NYSE:HGTY) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Jay Koval - Senior Vice President-Investor Relations McKeel Hagerty - Chief Executive Officer & Chairman Patrick McClymont - Chief Financial Officer Conference Call Participants Mark Hughes - Truist Securities Pablo Singzon - JPMorgan Operator Greetings and welcome to the Hagerty Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer ses ...
Hagerty(HGTY) - 2024 Q2 - Earnings Call Presentation
2024-08-06 15:28
HAGERTY. Q2 // 2024 Investor Presentation SPEAKERS: McKeel Hagerty | Chief Executive Officer and Chairman Patrick McClymont | Chief Financial Officer FORWARD LOOKING STATEMENTS / NON-GAAP FINANCIAL MEASURES This presentation contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. These forward-looking statements reflect our current expectations ...
Hagerty(HGTY) - 2024 Q2 - Quarterly Report
2024-08-06 14:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | |-----------------------------------------------------|--------------------------------------------------------|----------------------------|----------------------- ...
Hagerty, Inc. (HGTY) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-06 13:25
Hagerty, Inc. (HGTY) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.04, delivering a surprise of 33.33%. Over the last four quarters, the company ...
Hagerty(HGTY) - 2024 Q2 - Quarterly Results
2024-08-06 11:26
HA For Immediate Release Hagerty Reports Second Quarter 2024 Results Increases 2024 Outlook for Revenue and Profit Growth • Second quarter 2024 Total Revenue increased 20% year-over-year to $313.2 million, and year-to-date 2024 Total Revenue increased 22% year-over-year to $584.9 million • Second quarter 2024 Written Premium increased 16% year-over-year to $321.2 million, and year-todate 2024 Written Premium increased 18% year-over-year to $539.5 million • Second quarter 2024 Operating Income margin expande ...
Hagerty Reports Second Quarter 2024 Results
Prnewswire· 2024-08-06 11:00
Increases 2024 Outlook for Revenue and Profit Growth Second quarter 2024 Total Revenue increased 20% year-over-year to $313.2 million, and year-to-date 2024 Total Revenue increased 22% year-overyear to $584.9 million Second quarter 2024 Written Premium increased 16% year-over-year to $321.2 million, and year-to-date 2024 Written Premium increased 18% yearover-year to $539.5 million Second quarter 2024 Operating Income margin expanded by 560 bps compared to the prior year period, and year-to-date 2024 Operat ...
Hagerty Announces Former Amazon Executive Sean McMullan as Senior Vice President of Digital Marketplace and Valuation
Prnewswire· 2024-08-01 17:00
TRAVERSE CITY, Mich., Aug. 1, 2024 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Sean McMullan, Amazon veteran and intrapreneur, as its new Senior Vice President of Digital Marketplace and Valuation, effective August 26, 2024. Sean McMullanSean McMullan In this newly created role, McMullan's focus will be driving the profitable growth of Hagerty's Digital Marketplace business - the most trusted platform for members, car ...
Hagerty, Inc. (HGTY) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-30 15:07
The market expects Hagerty, Inc. (HGTY) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...
Retro Motors Collection of 25 Modern Sports Cars Anchors Broad Arrow's Inaugural Auction in Partnership with the Chattanooga Motorcar Festival
Newsfilter· 2024-07-29 16:30
Grosse Point, Michigan, July 29, 2024 (GLOBE NEWSWIRE) -- GROSSE POINTE, Michigan, July 29, 2024 – Broad Arrow Auctions, a Hagerty (NYSE:HGTY) company, is thrilled to announce the consignment of the Retro Motors Collection of 25 collector cars, many offered without reserve, to the upcoming Broad Arrow Auction at the Chattanooga Motorcar Festival. The outstanding collection of most late model US and European sports cars will lead the way as the anchor for Broad Arrow's final U.S.-based auction for the 2024 c ...
Retro Motors Collection of 25 Modern Sports Cars Anchors Broad Arrow's Inaugural Auction in Partnership with the Chattanooga Motorcar Festival
GlobeNewswire News Room· 2024-07-29 16:30
Highlights from the Retro Motors Collection include some of the following: Next on the Broad Arrow Auctions calendar is the Monterey Jet Center Auction being held this August 14-15 alongside Motorlux at the Monterey Jet Center. The company is also pleased to announce a date change for this year's Monterey auction as, for the first time, the Hagerty Motorlux event will serve as the backdrop for a selected offering of approximately 50 cars to be auctioned on Wednesday evening, the 14th, with the auction begin ...