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Root Q3 2023 Earnings Report

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$73.22 +2.10 (+2.95%)
(As of 12/20/2024 05:51 PM ET)

Root EPS Results

Actual EPS
-$3.16
Consensus EPS
-$3.29
Beat/Miss
Beat by +$0.13
One Year Ago EPS
N/A

Root Revenue Results

Actual Revenue
$115.30 million
Expected Revenue
$73.00 million
Beat/Miss
Beat by +$42.30 million
YoY Revenue Growth
N/A

Root Announcement Details

Quarter
Q3 2023
Time
N/A

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Root Earnings Headlines

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Everyone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the market in late 2022. You might think it’s way too late to invest in AI. But here’s the thing.
Root, Inc. (NASDAQ:ROOT) Receives $59.13 Average PT from Analysts
Root, Inc. Announces 2024 Third Quarter Results
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About Root

Root (NASDAQ:ROOT) provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. It operates a direct-to-consumer model; and serves customers primarily through mobile applications, as well as through its website. The company's direct distribution channels also cover digital, media, and referral channels, as well as distribution partners and agencies. Root, Inc. was incorporated in 2015 and is headquartered in Columbus, Ohio.

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