Root Inc reports results for the quarter ended June 30 - Earnings Summary

Root

07/08/2025 02:48

Root Inc ROOT.OQ reported quarterly adjusted earnings of $1.29​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -52 cents.  The mean expectation of six analysts for the quarter was for earnings of 56 cents per share. Wall Street expected results to range from -9 cents to $1.67 per share.

Revenue rose 32.9% to $382.90 million from a year ago; analysts expected $354.22 million.

Root Inc's reported EPS for the quarter was $1.29​.

The company reported quarterly net income of $20.9 million.

Root Inc shares had fallen by 1.9% this quarter and gained 72.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 226.8% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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 average consensus recommendation for the property & casualty insurance peer group is also "buy"

Wall Street's median 12-month price target for Root Inc is $140.00, about 12.5% above its last closing price of $122.55

This summary was machine generated from LSEG data August 7 at 01:48 a.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.56
1.29
Beat
Mar. 31 2025
0.34
1.07
Beat
Dec. 31 2024
-0.44
1.30
Beat
Sep. 30 2024
-0.98
1.35
Beat