3 Things That Could Make Roku Soar When It Reports Earnings
Roku (NASDAQ: ROKU) has been one of the biggest winners among growth stocks over the past year. Its share price has increased a staggering 311% since the beginning of 2019. Despite these impressive gains, Roku is still trading 35% below its all-time high.
Roku is expected to release its fourth-quarter earnings on Feb. 13, and just like most other companies, its momentum going forward will depend on those results and management's guidance.
The analyst consensus for the company's fourth-quarter revenue is $392.7 million, with a net loss expected to come in at $0.13 per share. In the prior-year quarter, Roku reported sales of $275.7 million and earnings of $0.05 per share.
Source Fool.com
