FY2019 EPS Estimates for Roots Corporation (ROO) Lowered by Analyst

Roots Corporation (TSE:ROO) – Research analysts at Jefferies Financial Group dropped their FY2019 earnings per share (EPS) estimates for Roots in a research report issued on Wednesday, December 5th. Jefferies Financial Group analyst J. Stichter now forecasts that the company will earn $0.38 per share for the year, down from their previous forecast of $0.53. Jefferies Financial Group also issued estimates for Roots’ Q4 2020 earnings at $0.52 EPS and FY2020 earnings at $0.49 EPS.

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

See Also: Debt-To-Equity Ratio

Earnings History and Estimates for Roots (TSE:ROO)

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