Hagerty, Inc. (HGTY) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - Hagerty, Inc. (HGTY) reported quarterly earnings of $0.13 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, and showing an increase from $0.05 per share a year ago, resulting in an earnings surprise of +44.44% [1] - The company achieved revenues of $379.99 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 6.96% and increasing from $323.37 million year-over-year [2] - Hagerty has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of Hagerty's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3] - Current consensus EPS estimate for the upcoming quarter is $0.04 on revenues of $322.21 million, while for the current fiscal year, the estimate is $0.34 on revenues of $1.37 billion [7] Industry Context - The Insurance - Property and Casualty industry, to which Hagerty belongs, is currently ranked in the top 27% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Hagerty's stock performance [5]