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Root reports Q2 EPS $1.29 vs. (52c) last year

Reports Q2 revenue $382.9M, consensus $339.07M. The company said, ” The second quarter was another strong quarter for Root (ROOT). We set a new record on revenue, growing gross earned premium 21% to $371 million, while also improving net income by $30 million year-over-year to $22 million.”

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