Root Inc. Q3 Earnings Preview: Loss Ratio Not Sustainable [Seeking Alpha]
Root, Inc. (ROOT)
Company Research
Source: Seeking Alpha
Summary Root, Inc. will announce Q3 2024 earnings post-market on October 30th. I do not believe the market is fairly valuing the impact of scaling and competition on Root's ability to drive margin. While there is upside potential if everything goes right, fundamental industry challenges will continue to constrain growth. Tom Merton I am updating my previous analysis on Root, Inc. NASDAQ: ROOT ) in advance of Q3 earnings, which will be released post-market on October 30th. I previously rated Root a sell for the following reasons: The valuation at the This article was written by Michael Dion Follower s Follow Michael (Mike) Dion is an FP&A, Corporate Finance, and Small Business expert who spent the last 12 years working in the Fortune 100, building a startup's finance and accounting department, advising small businesses, and guiding non-profit organizations as a board member. He has finance experience across multiple industries, including Telecom, Media and Ente
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ROOT
News
- Root Insurance Expands to Minnesota, Offering Personalized, Driver-Based RatesGlobeNewswire
- Root, Inc.'s (NASDAQ:ROOT) institutional investors lost 17% over the past week but have profited from longer-term gains [Yahoo! Finance]Yahoo! Finance
- Root (ROOT) Could Find a Support Soon, Here's Why You Should Buy the Stock Now [Yahoo! Finance]Yahoo! Finance
- Root, Inc. (NASDAQ: ROOT) was downgraded by analysts at Citizens Jmp from a "strong-buy" rating to a "hold" rating.MarketBeat
- Root, Inc. (NASDAQ: ROOT) was downgraded by analysts at JMP Securities from an "outperform" rating to a "market perform" rating.MarketBeat
ROOT
Earnings
- 10/30/24 - Beat
ROOT
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/16/24 - Form 4
- ROOT's page on the SEC website