Root (NASDAQ:ROOT – Get Free Report) will be releasing its earnings data after the market closes on Tuesday, April 30th. Analysts expect Root to post earnings of ($2.51) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Root (NASDAQ:ROOT – Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The company reported ($1.64) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.49) by $0.85. Root had a negative return on equity of 73.62% and a negative net margin of 32.40%. The business had revenue of $194.80 million for the quarter, compared to analyst estimates of $108.00 million. On average, analysts expect Root to post $-8 EPS for the current fiscal year and $-5 EPS for the next fiscal year.
Root Stock Up 2.8 %
Root stock opened at $64.40 on Monday. Root has a twelve month low of $3.90 and a twelve month high of $85.99. The stock’s fifty day simple moving average is $50.06 and its 200-day simple moving average is $23.88. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.80. The firm has a market capitalization of $940.24 million, a P/E ratio of -6.30 and a beta of 2.86.
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About Root
Root, Inc provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. It operates a direct-to-consumer model; and serves customers primarily through mobile applications, as well as through its website. The company's direct distribution channels also cover digital, media, and referral channels, as well as distribution partners and agencies.
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