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Root Q2 2024 GAAP EPS $(0.52) Beats $(1.93) Estimate, Sales $289.200M Beat $264.771M Estimate

Author: Benzinga Newsdesk | August 07, 2024 04:50pm
Root (NASDAQ:ROOT) reported quarterly losses of $(0.52) per share which beat the analyst consensus estimate of $(1.93) by 73.06 percent. This is a 79.61 percent increase over losses of $(2.55) per share from the same period last year. The company reported quarterly sales of $289.200 million which beat the analyst consensus estimate of $264.771 million by 9.23 percent. This is a 286.63 percent increase over sales of $74.800 million the same period last year.

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