* Roku Inc is expected to show a rise in quarterly revenue when it reports results on April 25 for the period ending March 31 2024
* The San Jose California-based company is expected to report a 14.5% increase in revenue to $848.616 million from $740.99 million a year ago, according to the mean estimate from 24 analysts, based on LSEG data.The company's guidance on February 15 2024, for the period ended March 31, was for revenue of $850.000 million.
* LSEG's mean analyst estimate for Roku Inc is for a loss of 61 cents per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy," 19 "hold" and 4 "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by about 3.9% in the last three months.
* Wall Street's median 12-month price target for Roku Inc is $80.00, above its last closing price of $58.57.
The company's guidance on February 15 2024 for the period ended March 31 was for gross profit margin of USD43.5%. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 -0.51 -0.52 -0.55 Missed -4.8
Sep. 30 2023 -2.36 -2.12 -2.33 Missed -10.1
Jun. 30 2023 -1.25 -1.26 -0.76 Beat 39.7
Mar. 31 2023 -1.34 -1.37 -1.38 Missed -0.7
Dec. -1.72 -1.73 -1.70 Beat 1.7
31 2022
Sep. 30 2022 -1.30 -1.28 -0.88 Beat 31.1
Jun. 30 2022 -0.75 -0.69 -0.82 Missed -18.9
Mar. 31 2022 -0.17 -0.18 -0.19 Missed -4.7
This summary was machine generated April 23 at 21:59 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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