Root Earnings Estimate

ROOT Stock  USD 99.06  2.80  2.75%   
By analyzing Root's earnings estimates, investors can diagnose different trends across Root's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for Root Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Root is projected to generate -0.01 in earnings per share on the 31st of December 2024. Root earnings estimates module stress-tests analyst consensus about projected Root Inc EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Root, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Root's earnings estimates, investors can diagnose different trends across Root's analyst sentiment over time as well as compare current estimates against different timeframes. Gross Profit is likely to drop to about 328.4 M in 2024. Pretax Profit Margin is likely to drop to -0.34 in 2024
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Root Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Root Earnings per Share Projection vs Actual

About Root Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Root earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Root estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Root fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings-1.7 B-1.6 B
Retained Earnings Total Equity-1.4 B-1.5 B
Earnings Yield(0.98)(0.93)
Price Earnings Ratio(1.02)(1.08)

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Additional Tools for Root Stock Analysis

When running Root's price analysis, check to measure Root's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Root is operating at the current time. Most of Root's value examination focuses on studying past and present price action to predict the probability of Root's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Root's price. Additionally, you may evaluate how the addition of Root to your portfolios can decrease your overall portfolio volatility.