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

Root

06/08/2026 24:01

Root Inc ROOT.OQ reported quarterly adjusted earnings of $1.49​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.29.  The mean expectation of six analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 60 cents to $1.05 per share.
Revenue rose 1.6% to $389.20 million from a year ago; analysts expected $395.19 million. 
Root Inc's reported EPS for the quarter was $1.49​.
The company reported quarterly net income of $24.1 million.
Root Inc shares had risen by 5.7% this quarter and lost 18.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 21.4% 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 $61.00, about 3.1% above its last closing price of $59.12
This summary was machine generated from LSEG data August 5 at 11:01 p.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 2026 
0.83
1.49
Beat
Mar. 31 2026 
0.84
2.09
Beat
Dec. 31 2025 
-0.31
0.31
Beat
Sep. 30 2025 
-0.49
-0.35
Beat