Roots Corporation to Post FY2021 Earnings of $0.55 Per Share, Jefferies Financial Group Forecasts (TSE:ROO)

Roots Corporation (TSE:ROO) – Jefferies Financial Group dropped their FY2021 earnings per share (EPS) estimates for Roots in a research report issued to clients and investors on Wednesday, June 12th. Jefferies Financial Group analyst J. Stichter now expects that the company will earn $0.55 per share for the year, down from their previous forecast of $0.63.

Separately, National Bank Financial reiterated an “outperfrom under weight” rating on shares of Roots in a report on Wednesday, March 27th.

Roots (TSE:ROO) last posted its earnings results on Wednesday, April 3rd. The company reported C$0.53 EPS for the quarter, hitting the consensus estimate of C$0.53. The firm had revenue of C$130.80 million during the quarter, compared to the consensus estimate of C$131.00 million.

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Earnings History and Estimates for Roots (TSE:ROO)

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