From Nasdaq: 2024-04-12 18:15:22

In the latest trading session, Root, Inc. (ROOT) closed at $66.78, up 1.64% from the day before, outperforming the S&P 500, which saw a 1.46% drop. The company’s shares have gained 41.99% in the past month, surpassing the Finance sector’s performance of -3.74% and the S&P 500’s 1.6% gain.

Root, Inc. is scheduled to release its earnings report on April 30, 2024. Analysts forecast an EPS of -$2.51, a 12.85% increase from the previous year. Revenue is estimated to be $185 million, a 163.91% jump from the same quarter last year. Full-year projections predict earnings of -$7.87 per share and revenue of $918 million.

The Insurance – Property and Casualty industry, to which Root, Inc. belongs, currently holds a Zacks Industry Rank of 37, placing it in the top 15% of all industries. Zacks Industry Rank analysis shows that top-rated industries outperform lower-ranked ones by a 2 to 1 ratio. Stay informed on stock performance metrics using Zacks.com.

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Read more at Nasdaq: Root, Inc. (ROOT) Gains As Market Dips: What You Should Know