Hagerty Q4 Earnings: Revenue Up 22.5%, EPS Surges 300%

Hagerty Inc. reported Q4 revenue of $357.33 million, a 22.5% increase YoY, and EPS of $0.08, compared to $0.02 in the year-ago quarter. The reported revenue represents a surprise of +9.01% over the Zacks Consensus Estimate of $327.79 million. The company's shares have returned -11.5% over the past month versus the Zacks S&P 500 composite's -7.3% change, and it currently has a Zacks Rank #4 (Sell).