Root, Inc. (ROOT) Reports Q1 Loss, Tops Revenue Estimates

Root, Inc. (ROOT) came out with a quarterly loss of $0.42 per share versus the Zacks Consensus Estimate of a loss of $2.51. This compares to loss of $2.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 83.27%. A quarter ago, it was expected that this company would post a loss of $2.49 per share when it actually produced a loss of $1.64, delivering a surprise of 34.14%.Over the last four quarters, the company has surpassed con ...