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Root (ROOT) Earnings Date, Estimates & Call Transcripts

$55.50
-0.41 (-0.73%)
(As of 05/24/2024 04:00 PM ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 7Estimated
Actual EPS
(Apr. 30)
-$0.42 Beat By $2.09
Consensus EPS
(Apr. 30)
-$2.51
Skip Charts & View Estimated and Actual Earnings Data

ROOT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ROOT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Root Analyst EPS Estimates

Current Year EPS Consensus Estimate:($6.59) EPS
Next Year EPS Consensus Estimate: ($4.75) EPS

ROOT Earnings Date and Information

Root last released its earnings data on April 30th, 2024. The reported ($0.42) EPS for the quarter, beating the consensus estimate of ($2.51) by $2.09. The business earned $254.90 million during the quarter, compared to analyst estimates of $203.99 million. Its quarterly revenue was up 263.6% compared to the same quarter last year. Root has generated ($7.77) earnings per share over the last year (($7.77) diluted earnings per share). Earnings for Root are expected to grow in the coming year, from ($6.59) to ($4.75) per share. Root has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 7th, 2024 based off prior year's report dates.

Root Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/7/2024
(Estimated)
------- 
4/30/2024Q1 2024($2.51)($0.42)+$2.09($0.42)$203.99 million$254.90 million    
2/21/2024Q4 2023($2.49)($1.64)+$0.85($1.64)$108.00 million$194.80 million
11/1/2023Q3 2023($3.29)($3.16)+$0.13($3.16)$73.00 million$115.30 million
8/2/2023Q2 2023($3.00)($2.55)+$0.45($2.55)$73.00 million$74.80 million
5/3/2023Q1 2023-($2.88)($2.88)($2.88)$71.40 million$70.10 million
2/22/2023Q4 2022($4.29)($4.13)+$0.16($4.13)$71.50 million$71.30 million
11/9/2022Q3 2022($6.01)($4.54)+$1.47($4.54)$75.74 million$73.70 million    
8/8/2022Q2 2022($8.81)($6.47)+$2.34($6.47)$84.97 million$80.40 million
4/27/2022Q1 2022($7.56)($5.40)+$2.16($0.30)$84.78 million$85.40 million
2/23/2022Q4 2021($8.82)($7.92)+$0.90($0.44)$73.60 million$93.20 million
11/10/2021Q3 2021($12.60)($9.54)+$3.06($0.53)$67.40 million$93.80 million    
8/11/2021Q2 2021($9.00)($12.96)($3.96)($0.72)$73.60 million$89.80 million    
5/5/2021Q1 2021($8.10)($7.20)+$0.90($0.40)$63.80 million$68.60 million
2/25/2021Q4 2020($13.68)($12.96)+$0.72($0.72)$49.30 million$50.90 million  
11/30/2020Q3 2020($6.48)($39.60)($33.12)($2.20)$50.90 million$50.50 million  

Root Earnings - Frequently Asked Questions

When is Root's earnings date?

Root has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 7th, 2024 based off last year's report dates. Learn more on ROOT's earnings history.

Did Root beat their earnings estimates last quarter?

In the previous quarter, Root (NASDAQ:ROOT) reported ($0.42) earnings per share (EPS) to beat the analysts' consensus estimate of ($2.51) by $2.09. Learn more on analysts' earnings estimate vs. ROOT's actual earnings.

How can I listen to Root's earnings conference call?

The conference call for Root's latest earnings report can be listened to online. Listen to Conference Call

How can I read Root's conference call transcript?

The conference call transcript for Root's latest earnings report can be read online. Read Transcript

How much revenue does Root generate each year?

Root (NASDAQ:ROOT) has a recorded annual revenue of $455 million.

How much profit does Root generate each year?

Root (NASDAQ:ROOT) has a recorded net income of -$147.40 million. ROOT has generated -$7.77 earnings per share over the last four quarters.

What is Root's EPS forecast for next year?

Root's earnings are expected to grow from ($6.59) per share to ($4.75) per share in the next year.


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This page (NASDAQ:ROOT) was last updated on 5/27/2024 by MarketBeat.com Staff

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