Roku Q4 Earnings Outlook

On Thursday, Feb. 21, Roku ROKU will release its latest earnings report. Here is Benzinga's outlook for the company based on it's announcement.

Earnings and Revenue

Wall Street expects EPS of 3 cents and sales around $261.62 million.

Roku earnings in the same period a year ago was 6 cents. Quarterly sales came in at $188.26 million. If the company were to report inline earnings when it publishes results Thursday, earnings would be down 50.00 percent. Revenue would be up 38.97 percent on a year-over-year basis. Roku's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

For a full 12 months, the return has risen by 10.58 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Over the past 90 days, analysts have adjusted their estimates lower for EPS and revenues. The popular rating by analysts on Roku stock is a Sell. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Roku's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/56kj59qf