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:
Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | -0.12 | -0.15 | -0.16 | -0.1 |
EPS Actual | -0.09 | 0 | -0.07 | 0.06 |
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
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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