Root, Inc. (ROOT) Q3 Earnings and Revenues Surpass Estimates

Root, Inc. (ROOT) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of a loss of $0.61 per share. This compares to loss of $3.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 321.31%. A quarter ago, it was expected that this company would post a loss of $1.74 per share when it actually produced a loss of $0.52, delivering a surprise of 70.11%. Over the last four quarters, the company ...