Root, Inc. (ROOT) Q1 Earnings and Revenues Beat Estimates

Root, Inc. (ROOT) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of$ 0.45 per share. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 137.78%. A quarter ago, it was expected that this company would post a loss of$ 0.63 per share when it actually produced earnings of $1.30, delivering a surprise of 306.35%. Over the last four quarters, the company has su ...