Workflow
Unveiling Roku (ROKU) Q2 Outlook: Wall Street Estimates for Key Metrics
RokuRoku(US:ROKU) ZACKS·2024-07-29 14:22

Group 1 - Analysts expect 'Net Revenue- Platform' to be $807.84 million, indicating an increase of +8.6% year over year [1] - Roku is projected to report a quarterly loss of $0.45 per share, which represents a 40.8% increase year over year [2] - Revenue projections for Roku are set at $935.29 million, reflecting a 10.4% increase from the same quarter last year [2] Group 2 - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [3] - Revisions to earnings estimates are crucial for predicting investor actions regarding the stock, as there is a strong correlation between earnings estimate trends and short-term price performance [4] Group 3 - Analysts estimate 'Net Revenue- Devices' at $127.44 million, suggesting a year-over-year change of +23.3% [6] - The estimated 'Active Accounts' are projected to reach 82.99 million, up from 73.5 million in the same quarter last year [6] - The estimated 'ARPU' is $40.62, slightly down from $40.67 a year ago [6] Group 4 - 'Streaming Hours' are projected to reach 30.11 billion, compared to 25.1 billion in the same quarter last year [7] - Analysts predict 'Gross Profit- Platform' will be $428.08 million, up from $395.83 million in the same quarter last year [7] Group 5 - Roku shares have decreased by -1.5% in the past month, while the Zacks S&P 500 composite has moved -0.2% [8] - Roku holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [8]