Jefferies Financial Group Brokers Cut Earnings Estimates for Roots Corporation (ROO)

Roots Corporation (TSE:ROO) – Equities researchers at Jefferies Financial Group decreased their Q4 2019 earnings per share (EPS) estimates for shares of Roots in a research note issued to investors on Wednesday, December 5th. Jefferies Financial Group analyst J. Stichter now anticipates that the company will earn $0.42 per share 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 earnings results on Wednesday, September 12th. The company reported C($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.04) by C($0.02). The company had revenue of C$60.20 million during the quarter, compared to analysts’ expectations of C$62.90 million.

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Earnings History and Estimates for Roots (TSE:ROO)

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