Roots Corporation (TSE:ROO) – Analysts at National Bank Financial reduced their FY2020 EPS estimates for shares of Roots in a research note issued to investors on Tuesday, June 4th, Zacks Investment Research reports.
National Bank Financial analyst V. Shreedhar now expects that the company will earn $0.52 per share for the year, down from their previous forecast of $0.56. National Bank Financial has a “Outperfrom Under Weight” rating on the stock. National Bank Financial also issued estimates for Roots’ Q3 2021 earnings at $0.16 EPS, Q4 2021 earnings at $0.65 EPS and FY2021 earnings at $0.60 EPS.
Roots (TSE:ROO) last released its quarterly earnings results on Wednesday, April 3rd. The company reported C$0.53 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of C$0.53. The business had revenue of C$130.80 million for the quarter, compared to the consensus estimate of C$131.00 million.