Root ROOT reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Root beat estimated earnings by 41.22%, reporting an EPS of $-1.64 versus an estimate of $-2.79.
Revenue was up $123.50 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.37 which was followed by a 16.38% increase in the share price the next day.
Here's a look at Root's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | -2.79 | -3 | -3.59 | -4.54 |
EPS Actual | -3.16 | -2.55 | -2.88 | -4.13 |
Revenue Estimate | 76.42M | 73.00M | 64.18M | 68.20M |
Revenue Actual | 115.30M | 74.80M | 70.10M | 71.30M |
To track all earnings releases for Root visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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