NYSE:HGTYInsurance
Why Hagerty (HGTY) Is Up 18.0% After Raising 2026 Profit Guidance And Turning Forecast Positive
Hagerty recently reported second-quarter 2026 results showing US$354.82 million in revenue and a small net loss of US$1.67 million, while also updating first-half figures that reflected higher sales but lower profitability versus a year earlier.
At the same time, the company raised its full-year 2026 guidance to US$1.33 billion–US$1.34 billion in total revenue and shifted its outlook from an expected net loss to projected net income of US$18 million–US$30 million, pointing to a materially...