Jefferies Financial Group Research Analysts Cut Earnings Estimates for Roots Corporation (TSE:ROO)

Roots Corporation (TSE:ROO) – Analysts at Jefferies Financial Group lowered their FY2020 earnings estimates for Roots in a research report issued to clients and investors on Monday, December 9th. Jefferies Financial Group analyst J. Stichter now expects that the company will post earnings per share of $0.26 for the year, down from their prior forecast of $0.37. Jefferies Financial Group also issued estimates for Roots’ Q4 2020 earnings at $0.48 EPS.

Roots (TSE:ROO) last posted its quarterly earnings results on Wednesday, September 11th. The company reported C($0.15) earnings per share for the quarter, missing the Zacks’ consensus estimate of C($0.11) by C($0.04). The firm had revenue of C$61.68 million during the quarter, compared to the consensus estimate of C$62.55 million.

Featured Story: Convertible Shares

Earnings History and Estimates for Roots (TSE:ROO)

Receive News & Ratings for Roots Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roots and related companies with's FREE daily email newsletter.