financetom
Business
financetom
/
Business
/
Root Swings to Q4 Earnings, Revenue Increases
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Root Swings to Q4 Earnings, Revenue Increases
Feb 27, 2025 2:02 AM

04:33 AM EST, 02/27/2025 (MT Newswires) -- Root (ROOT) reported Q4 earnings late Wednesday of $1.30 per diluted share, swinging from a loss of $1.64 a year earlier.

Revenue for the quarter ended Dec. 31 was $326.7 million, up from $194.8 million a year earlier.

Analysts surveyed by FactSet expected $291 million.

Shares of the company were up 22% in premarket activity Thursday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Insurer Aflac investigating possible data breach after attack on US network
Insurer Aflac investigating possible data breach after attack on US network
Jun 20, 2025
June 20 (Reuters) - Aflac ( AFL ) on Friday disclosed a cybersecurity incident in which personal information of its customers may have been compromised, making it the latest insurance provider to be targeted. The health and life insurance firm said the attack on its U.S. network, which was identified on June 12, was caused by a sophisticated cybercrime group,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Exclusive-Turkish Airlines explores Air Europa stake as bid deadline looms
Exclusive-Turkish Airlines explores Air Europa stake as bid deadline looms
Jun 20, 2025
LONDON (Reuters) -Turkish Airlines is exploring making a bid for a minority stake in Air Europa, the latest carrier to express interest in the Spanish airline, according to two sources with knowledge of the deal, with binding bids due in the coming weeks. Interested investors have been asked to submit binding bids by early July, one of the sources and...
Sector Update: Consumer Stocks Mixed Premarket Friday
Sector Update: Consumer Stocks Mixed Premarket Friday
Jun 20, 2025
09:10 AM EDT, 06/20/2025 (MT Newswires) -- Consumer stocks were mixed premarket Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was slightly lower and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was advancing by 0.7% recently. Darden Restaurants ( DRI ) shares were up more than 5% after the company reported higher fiscal...
Copyright 2023-2026 - www.financetom.com All Rights Reserved