Root Q1 EPS $2.09 Beats $0.64 Estimate, Sales $393.500M Miss $398.163M Estimate

Root, Inc. Class A

Root, Inc. Class A

ROOT

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Root (NASDAQ: ROOT) reported quarterly earnings of $2.09 per share which beat the analyst consensus estimate of $0.64 by 226.56 percent. This is a 95.33 percent increase over earnings of $1.07 per share from the same period last year. The company reported quarterly sales of $393.500 million which missed the analyst consensus estimate of $398.163 million by 1.17 percent. This is a 12.62 percent increase over sales of $349.400 million the same period last year.
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