Jefferies Financial Group Comments on Roots Corporation’s Q4 2019 Revenue (ROO)

Jefferies Financial Group Comments on Roots Corporation’s Q4 2019 Revenue (ROO)

Roots Corporation (TSE:ROO) – Investment analysts at Jefferies Financial Group decreased their Q4 2019 earnings per share (EPS) estimates for Roots in a research report issued on Wednesday, December 5th. Jefferies Financial Group analyst J. Stichter now anticipates that the company will post earnings per share of $0.42 for the quarter, down from their prior forecast of $0.57. Jefferies Financial Group also issued estimates for Roots’ Q3 2020 earnings at $0.14 EPS.

Roots (TSE:ROO) last released its quarterly earnings results on Wednesday, September 12th. The company reported C($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C($0.04) by C($0.02). The company had revenue of C$60.20 million for the quarter, compared to the consensus estimate of C$62.90 million.

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