Root Inc expected to post a loss of 44 cents a share - Earnings Preview

Root

24/02/2025 21:04

* Root Inc  ROOT.OQ   ROOT.O  is expected to show a rise in
quarterly revenue when it reports  results on February 26 for
the period ending December 31 2024
    * The Columbus Ohio-based  company is expected to report a
49.4% increase in revenue to $290.993 million from $194.8
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (Sales/Revenue majority basis is
on Total Revenue.)
    * ​LSEG's mean analyst estimate for Root Inc is for a loss
of 44
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Root Inc is
$85.00​, below​ its last closing price of $100.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.95       -0.98      1.35      Beat    237.4
 Jun. 30 2024  -1.42       -1.36      -0.52     Beat    61.8
 Mar. 31 2024  -2.52       -2.48      -0.42     Beat    83.1​
 Dec. 31 2023  -2.77       -2.79      -1.64     Beat    41.3
 ​​Sep.        -2.84       -2.79      -3.16     Missed  -13.1
 30 2023                                                
 Jun. 30 2023  -3.04       -3.03      -2.55     Beat    15.7​
 Mar. 31 2023  -3.53       -3.59      -2.88     Beat    19.7
 Dec. 31 2022  -4.49       -4.54      -4.13     Beat    9
 This summary was machine generated February 24 at 21:04 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)