NASDAQ$ROOT
Root Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Root reported strong financial and operating performance.
Root delivered its first $200 million-plus quarter of Direct Written Premium, along with $6 million in Gross Profit and $27 million in Direct Contribution, driven by improvements in loss ratio.
- Direct Written Premium increased 23% to $203 million.
- Direct Earned Premium increased 11% to $160 million.
- Direct Loss Ratio improved 22 points to 71%.
- Gross Profit increased by $23 million to $6 million.
Headline financials
Revenue & EPS history
Root · Revenue · Quarterly
$68.6M
Forward guidance
Forward-looking statements relate to future performance, expected financial results for 2021, ability to retain and acquire customers, and ability to improve retention rates and release new products.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+2.8%
Avg return
Earnings day
+6.6%
Avg return
5 days after
+21.5%
Avg return
30 days after
54%
13 / 24 earnings
Positive
+72.8%
Q3 2024
Best reaction
-25.4%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | +3.2% | -2.6% | |
| Q4 2025 | -5.3% | -21.8% | -28.1% | |
| Q3 2025 | -8.8% | -3.2% | -9.9% | |
| Q1 2025 | +0.9% | +7.4% | +8.4% | |
| Q4 2024 | +25.6% | +34.1% | +38.7% | |
| Q3 2024 | +72.8% | +79.3% | +152.2% | |
| Q2 2024 | -22.2% | -15.5% | -30.8% | |
| Q1 2024 | +4.6% | -15.7% | -21.9% | |
| Q4 2023 | +46.5% | +150.9% | +492.7% | |
| Q3 2023 | +13.9% | +11.1% | +16.7% | |
| Q2 2023 | +0.5% | -11.3% | +8.0% | |
| Q1 2023 | +21.4% | +37.8% | +23.9% | |
| Q4 2022 | -2.7% | -16.2% | -26.3% | |
| Q3 2022 | +9.7% | +10.4% | -21.2% | |
| Q2 2022 | -25.4% | -31.2% | -55.8% | |
| Q1 2022 | +15.1% | +15.1% | -14.5% | |
| Q4 2021 | +6.5% | +17.5% | +32.5% | |
| Q3 2021 | +16.8% | +1.6% | -31.9% | |
| Q2 2020 | -23.9% | -19.2% | -6.7% | |
| Q2 2021 | -19.4% | -19.9% | -6.7% | |
| Q1 2021 | -9.1% | -10.1% | +29.6% | |
| Q4 2020 | -17.3% | -17.0% | -12.1% | |
| Q4 2019 | -15.9% | -8.7% | -7.6% | |
| Q3 2020 | -16.9% | -19.4% | -11.2% | |
| Q1 2020 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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