Roots Corporation (TSE:ROO) – Stock analysts at Jefferies Financial Group lowered their FY2019 earnings per share estimates for Roots in a research note issued to investors on Wednesday, December 5th. Jefferies Financial Group analyst J. Stichter now expects that the company will earn $0.38 per share for the year, down from their prior 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 issued its quarterly earnings results on Wednesday, September 12th. The company reported C($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of C($0.04) by C($0.02). The company had revenue of C$60.20 million for the quarter, compared to the consensus estimate of C$62.90 million.
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