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Down 37% This Year, Will Roku Stock Recover Following Q1 Results? [Forbes]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Forbes
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
and Max Greenfield seen at Los Angeles Friends and Family Screening of Roku's "First Time Female Director" at Vidiots Foundation - Eagle Theatre on March 18, 2024 in Los Angeles, California. (Photo by Eric Charbonneau/Getty Images for Roku) Roku is expected to publish Q1 2024 results toward the end of this month. While the advertising market has seen headwinds over the past year, as businesses held back due to weak consumer spending, we expect Roku to see a recovery over Q1. We expect revenue to come in at about $950 million, slightly ahead of consensus estimates and up by about 20% year-over-year. We project that net losses will stand at about $0.60 per share, slightly better than the consensus estimates. So what are some of the trends that are likely to drive Roku's performance for the quarter? See our analysis of Roku Earnings preview for more details. The market for video advertising has shown signs of a rebound of late, following a tough couple of quarters. Over Q4 2023, Roku [Read more]

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Down 37% This Year, Will Roku Stock Recover Following Q1 Results? [Forbes]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
and Max Greenfield seen at Los Angeles Friends and Family Screening of Roku's "First Time Female Director" at Vidiots Foundation - Eagle Theatre on March 18, 2024 in Los Angeles, California. (Photo by Eric Charbonneau/Getty Images for Roku) Roku is expected to publish Q1 2024 results toward the end of this month. While the advertising market has seen headwinds over the past year, as businesses held back due to weak consumer spending, we expect Roku to see a recovery over Q1. We expect revenue to come in at about $950 million, slightly ahead of consensus estimates and up by about 20% year-over-year. We project that net losses will stand at about $0.60 per share, slightly better than the consensus estimates. So what are some of the trends that are likely to drive Roku's performance for the quarter? See our analysis of Roku Earnings preview for more details. The market for video advertising has shown signs of a rebound of late, following a tough couple of quarters. Over Q4 2023, Roku [Read more]

IMPACT SNAPSHOT
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GOOG
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Price Change %
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Volume Ratio
%
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Performance comparison Updated
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


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%

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VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

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