ROOT to Come Up With Q1 Earnings: Here's What to Expect
ACTEnact (ACT) Zacks Investment Research·2024-04-30 02:40

Root, Inc. (ROOT) is slated to report first-quarter 2024 earnings on Apr 30, after market close. The company delivered an earnings surprise of 34.1% in the last reported quarter.Factors at PlayThe first-quarter performance of Root, an auto insurer with a focus on the personal line, is likely to have benefited from better pricing and underwriting technology as well as prudent cost management. Its reinsurance strategy, driving higher retention and reduction in reinsurance costs, is likely to have added to the ...