Dernières nouvelles pour Root (NASDAQ:ROOT) Stock

Root

Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. The company is a direct-to-consumer personal auto insurance, renters insurance and mobile technology company. It generates revenue from the sale of auto insurance policies within the United States.

Root Inc

Roots Corp

ROOT9B HOLDINGS INC by root9B Holdings, Inc.

root9B Holdings Inc

RE/MAX Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) narrows FY2024 sales outlook from $305.00 million-315.00 million to $306.00 million-311.00 million.

News

Guidance

RMAX

RE/MAX Hldgs Narrows FY2024 Sales Guidance from $305.00M-315.00M to $306.00M-311.00M (Est $310.8M)

Tennant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNC#NYSE">TNC</a>) reported quarterly earnings of $1.39 per share which missed the analyst consensus estimate of $1.43 by 2.8 percent. This is a 3.73 percent increase over earnings of $1.34 per share from the same period last year. The company reported quarterly sales of $315.80 million which missed the analyst consensus estimate of $319.40 million by 1.13 percent. This is a 3.64 percent increase over sales of $304.70 million the same period last year.

Earnings

Earnings Misses

Tennant Q3 Adj $1.39 Misses $1.43 Estimate, Sales $315.80M Miss $319.40M Estimate

WIIM

CDXC

ChromaDex shares are trading higher after the company reported a year-over-year increase in Q3 EPS results and raised its FY24 revenue guidance.

SiriusPoint (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPNT#NYSE">SPNT</a>) reported quarterly earnings of $0.03 per share which missed the analyst consensus estimate of $0.05 by 40 percent. This is a 90.63 percent decrease over earnings of $0.32 per share from the same period last year. The company reported $568.90 million in sales this quarter. This is a 7.19 percent decrease over sales of $613.00 million the same period last year.

SPNT

SiriusPoint Q3 EPS $0.03 Misses $0.05 Estimate, Sales $568.90M Down From $613.00M YoY

Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) reported third-quarter financial results <a href="https://www.benzinga.com/earnings">after the market close Thursday.</a>
Here are the key highlights.
What Happened: Amazon reported third-quarter net sales of $158.9 billion, up 11% year-over-year. The total beat a Street consensus estimate of $157.2 billion, according to data<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent103124&amp;t=be2bearmibe3na1"> from Benzinga Pro.</a>
The company reported third-quarter earnings per share of $1.43, which beat a Street consensus estimate of $1.14.
Sales for the third quarter were as follows:
North America: $95.5 billion, +9% year-over-year
International: $35.9 billion, +12% year-over-year
AWS: $27.5 billion, +19% year-over-year
Operating income was $17.4 billion in the third quarter, up from $11.2 billion in last year's third quarter. AWS led the way on operating income with $10.4 billion, up from $7 billion in last year's third quarter. Operating income was $5.7 billion and $1.3 billion in North America and International segments respectively, both up on a year-over-year basis.
Amazon highlighted the strength of its streaming segment with "The Lord of the Rings: The Rings of Power" season two launch and its distinction of becoming the most-watched returning season on Prime Video by hours watched.
The Sept. 26 "Thursday Night Football" matchup between the Dallas Cowboys and New York Giants had over 17 million viewers, ranking as the most streamed NFL regular season game ever, Amazon said. 
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41636292/amazon-q3-earnings-preview-aws-prime-video-streak-of-analyst-beats-on-watch">Amazon Q3 Earnings Preview: AWS, Prime Video, Streak Of Analyst Beats On Watch</a>
What's Next: Guidance from the company calls for fourth-quarter net sales to come in a range of $181.5 billion to $188.5 billion, up 7% to 11% year-over-year.
The company expects operating income to come in a range of $16 billion to $20 billion in the fourth quarter.
"We kicked off the holiday season with our biggest-ever Prime Big Deal Days and the launch of an all-new Kindle lineup that is significantly outperforming our expectations, and there's so much more coming, from tens of millions of deals to our NFL Black Friday game and Election Day coverage," Amazon CEO Andy Jassy said.
Jassy said Amazon will share more details on new cloud infrastructure and AI capabilities at re:Invent, which takes place the week after Thanksgiving.
AMZN Price Action: Amazon stock is up 3.93% to $193.50 in after-hours trading Thursday. versus a 52-week trading range of $133.86 to $201.20.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/10/41276044/amazon-prime-big-deal-days-2024-scores-record-breaking-sales">Amazon Prime Big Deal Days 2024 Scores Record-Breaking Sales</a></li>
</ul>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="&#x1f534;WATCH LIVE: Amazon.com Q3 2024 Earnings Call &#x7C; $AMZN" width="500" height="281" src="https://www.youtube.com/embed/9QbNoHUPCl4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Photo courtesy of Amazon.

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AMZN

Amazon Q3 Earnings Highlights: Revenue Beat, EPS Beat, Q4 Guidance, New Kindles 'Significantly Outperforming Our Expectations'

Food innovator expands their healthy, affordable and cuisine-forward lines&nbsp;to more than 1,300 Walmart Stores nationwide

BRLS

Borealis Foods Expands U.S. Walmart Distribution With Launch Of Ramen Noodles By Chef Ramsay

Marchex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHX#NASDAQ">MCHX</a>) sees Q4 sales of $12.000 million vs $12.59 million estimate.

MCHX

Marchex Sees Q4 Sales $12.000M vs $12.59M Est

This strategic partnership is set to enhance Envirotech's capabilities in U.S. manufacturing and logistics, delivering a multimillion-dollar revenue stream from government contracts over the next three years while creating U.S. based manufacturing jobs.
The terms of the transaction provide for the issuance of 3.10 million shares of common stock to the owner of Maddox Industries, as well as the conditional payment of $1 million in cash upon the collection of the same amount of Maddox's outstanding accounts receivables within 180 days after the closing.
 &nbsp;

EVTV

Envirotech Vehicles Reveals Acquisition Of Maddox Industries, A Provider Of Government Contracting Solutions Based In Puerto Rico; Terms Include 3.1M Shares And Conditional Payment Of $1M In Cash

INTC

Intel shares are trading higher after the company reported better-than-expected Q3 earnings and announced it approved capital reduction initiatives.

Wells Fargo maintains Gen Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEN#NASDAQ">GEN</a>) with a Overweight and raises the price target from $35 to $37.

Price Target

Analyst Ratings

Wells Fargo Maintains Overweight on Gen Digital, Raises Price Target to $37

SM Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SM#NYSE">SM</a>) reported quarterly earnings of $1.62 per share which beat the analyst consensus estimate of $1.53 by 5.88 percent. This is a 6.36 percent decrease over earnings of $1.73 per share from the same period last year. The company reported quarterly sales of $643.61 million which missed the analyst consensus estimate of $651.37 million by 1.19 percent. This is a 0.42 percent increase over sales of $640.90 million the same period last year.

Earnings Beats

SM Energy Q3 Adj $1.62 Beats $1.53 Estimate, Sales $643.61M Miss $651.37M Estimate

CNO Finl Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNO#NYSE">CNO</a>) reported quarterly earnings of $0.94 per share which beat the analyst consensus estimate of $0.82 by 14.63 percent. The company reported quarterly sales of $1.130 billion which beat the analyst consensus estimate of $945.442 million by 19.52 percent. This is a 19.26 percent increase over sales of $947.500 million the same period last year.

CNO Finl Group Q3 2024 Adj. EPS $0.94 Beats $0.82 Estimate, Sales $1.130B Beat $945.442M Estimate

Willdan Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLDN#NASDAQ">WLDN</a>) raises FY2024 Adj EPS guidance from $2.00-2.10 to $2.15-2.25 vs $2.10 analyst estimate. Raises FY2024 sales outlook from $280.00 million-290.00 million to $285.00 million-295.00 million vs $290.05 million estimate.

WLDN

Willdan Group Raises FY2024 Adj EPS Guidance from $2.00-2.10 to $2.15-2.25 vs $2.10 Est; Raises FY2024 Sales Guidance from $280.00M-290.00M to $285.00M-295.00M vs $290.05M Est

Camden Prop Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPT#NYSE">CPT</a>) reported quarterly earnings of $0.33 per share which missed the analyst consensus estimate of $0.37 by 10.81 percent. The company reported quarterly sales of $387.20 million which missed the analyst consensus estimate of $389.39 million by 0.56 percent. This is a 0.92 percent decrease over sales of $390.78 million the same period last year.

Camden Prop Trust Q3 2024 Adj EPS $0.33 Misses $0.37 Estimate, Sales $387.20M Miss $389.39M Estimate

Codexis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDXS#NASDAQ">CDXS</a>) affirms FY2024 sales outlook from $56.00 million-64.00 million to $56.00 million-64.00 million.

CDXS

Codexis Affirms FY2024 Product revenues $38M-$42M, R&D revenues $18M-$22M.

United States Steel Corp Says Continue To Work Towards Closing Transaction With Nippon Steel By Year-End

Biotech

General

Bristol Myers Squibb Announced Topline Data From Its Phase 3 Study Of COBENFY That Showed Continuing Improvement In Symptoms Of Schizophrenia

Buybacks

Alamo Group Plans To Repurchase In Aggregate Up To $50M Of Its Outstanding Common Stock

Q4 2024 Outlook
We expect fourth quarter adjusted EBITDA in the range of $225 million and $275 million. Our North American Flat-Rolled segment results should decrease slightly, driven largely by lower lagging average selling price expectations for the quarter. We expect an improvement in Mini Mill segment results, even after accounting for $25 million of related start-up and one-time construction costs at BR2, reflecting an expected improvement in average selling prices. In Europe, results are expected to be lower given the absence of the positive CO2 allocations and weak underlying demand and pricing conditions. Our Tubular segment results should be largely consistent with the third quarter.

U.S. Steel Sees Q4 Adjusted EBITDA In The Range Of $225M-$275M

AMCR

Amcor shares are trading lower after the company reported worse-than-expected Q1 financial results.

In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Root (ROOT – Research Report), with a price target of $64....

Wells Fargo Sticks to Its Hold Rating for Root (ROOT)

Root Inc. Q3 Earnings Preview: Loss Ratio Not Sustainable

Here are the major earnings after the close today

Root GAAP EPS of $1.35, revenue of $305.7M beats by $39.19M

Check out this evening's top movers from around Wall Street, compiled by The Fly.&nbsp;&nbsp; HIGHER AFTER EARNINGS – Root&nbsp;(ROOT)&nbsp;up 70.4...

Closing Bell Movers: Microsoft, Meta both down about 3% despite earnings beats

Root, Inc. (ROOT) Q3 2024 Earnings Call Transcript

Root, Inc. ( ($ROOT) ) has realeased its Q3 earnings. Here is a breakdown of the information Root, Inc. presented to its investors. Root, Inc., a t...

Root, Inc. Achieves Historic Profitability Milestone

JMP Securities analyst Matthew Carletti reiterated a Buy rating on Root (ROOT – Research Report) today and set a price target of $90.00. The compan...

Root (ROOT) Receives a Buy from JMP Securities

Root stock soars 175% on first-ever net income profitability milestone

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: Microsoft (MSFT) reported better-than-...

Microsoft reports Q1 beat, Comcast weighs cable networks spinoff: Morning Buzz

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Press Releases

IndyCar Driver Marcus Armstrong to Represent Root Insurance at Detroit Grand Prix

Root, Inc. to Participate in the TD Financial Services & Fintech Summit

Root Insurance and Chip Ganassi Racing Reveal Special Livery for Hometown Race

Root, Inc. Schedules Conference Call to Discuss Second Quarter 2024 Financial Results

Root, Inc. Announces 2024 Second Quarter Results

Root Insurance Partners with Goosehead Insurance to Simplify Insurance Sales for Independent Agents

Fintech

Insurance

First Connect and Root Launch Streamlined Quote & Bind Process for Independent Insurance Agents

Root, Inc. Schedules Conference Call to Discuss Third Quarter 2024 Financial Results

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