Equities Analysts Offer Predictions for Roots Corporation’s Q2 2020 Earnings (TSE:ROO)

Equities Analysts Offer Predictions for Roots Corporation’s Q2 2020 Earnings (TSE:ROO)

Roots Corporation (TSE:ROO) – Equities research analysts at National Bank Financial decreased their Q2 2020 earnings per share (EPS) estimates for Roots in a research report issued to clients and investors on Wednesday, June 12th, according to Zacks Investment Research. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn ($0.11) per share for the quarter, down from their prior forecast of ($0.08). National Bank Financial currently has a “Outperfrom Under Weight” rating on the stock. National Bank Financial also issued estimates for Roots’ Q1 2021 earnings at ($0.20) EPS and Q2 2021 earnings at ($0.11) EPS.

Roots (TSE:ROO) last posted its quarterly earnings data on Wednesday, June 12th. The company reported C($0.17) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C($0.14) by C($0.03). The company had revenue of C$54.35 million during the quarter, compared to the consensus estimate of C$55.55 million.

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