Root (NASDAQ: ROOT) has set the date for the release of its third quarter financial results on Wednesday 30th October 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the firm is about to reveal an estimated $0.93 loss per share for the quarter. Additionally, the company is projected to announce a total revenue of $275.36 million for this period.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share loss of $3.16. Notably, the company's total revenue reached an impressive $115.3 million during that specific period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.1 billion. Additionally, they are expecting the company to achieve per share loss of $2.64 for the fiscal year.
Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 05:00 PM eastern time to review the Q3 2024 financial results.
The previous trading day saw Root (ROOT) shares trading between $37.90 and $40.85, besides a volume of 222.00 thousand shares. The stock closed Monday's regular trading session at $40.47, reflecting 7.04 percent rise.
