Roku closed at $157.45, up 1.63% from the previous session, outperforming a 0.48% loss for the S&P 500, a 0.29% drop in the Dow, and a 0.56% decline in the Nasdaq. Ahead of its upcoming earnings release, the company is predicted to post an EPS of $0.55, a 243.75% increase from the year-ago quarter, while the Zacks Consensus Estimate projects revenue of $1.41 billion, up 16.49%. For the full year, consensus estimates anticipate earnings of $2.78 per share and revenue of $5.61 billion, representing shifts of +371.19% and +18.34%, respectively. The Zacks Consensus EPS estimate has moved 0.9% higher over the past month, and Roku currently carries a Zacks Rank of #1 (Strong Buy). The stock trades at a Forward P/E of 55.75, a premium to its industry's Forward P/E of 11.11.
Roku IncAnalysts project 243.75% EPS growth and revenue up 16.49% ahead of earnings, with a Zacks Rank #1 (Strong Buy) and rising consensus estimates.
