The company reported $1.49 EPS for the quarter, topping the consensus estimate of $0.83 by $0.66, FiscalAI reports. The firm had revenue of $389.20 million during the quarter, compared to analyst estimates of $395.14 million. : second-quarter net income rose 15% year over year to $25 million, revenue increased 2% to $389 million, and the net combined ratio improved to 92.1%. Hedge Funds Weigh In On RootAnalyst Ratings ChangesA number of institutional investors have recently bought and sold shares of ROOT. Root is targeting a national footprint by the end of 2027, which could support longer-term policy and revenue growth if execution is successful.