08:52 AM EST, 11/07/2024 (MT Newswires) -- Hagerty ( HGTY ) reported Q3 adjusted earnings Thursday of $0.05 per share, unchanged from a year earlier.

Three analysts polled by Capital IQ expected $0.08.

Revenue for the quarter ended Sept. 30 was $323.4 million, compared with $275.6 million a year earlier.

Two analysts surveyed by Capital IQ expected $316.2 million.

The company said it now expects 2024 total revenue of $1.18 billion to $1.19 billion, compared with its prior outlook of between $1.16 billion and $1.18 billion. Two analysts polled by Capital IQ expect $1.18 billion.

Shares of the company were down 4.5% in recent premarket activity.

Price: 11.41, Change: -0.54, Percent Change: -4.52