Roku (ROKU) Beats Stock Market Upswing: What Investors Need to Know

Company Performance - Roku's stock closed at $80.16, reflecting a +1.34% change from the previous day's closing price, outperforming the S&P 500's gain of 0.72% [1] - Over the past month, Roku's stock has decreased by 1.01%, underperforming the Consumer Discretionary sector's increase of 2.95% and the S&P 500's increase of 1.02% [1] Upcoming Earnings - Roku is scheduled to release its earnings report on February 13, 2025, with an expected EPS of -$0.44, indicating a 20% growth compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is $1.15 billion, representing a 16.37% increase from the previous year [2] Analyst Projections - Recent shifts in analyst projections for Roku are important for investors, as positive estimate revisions indicate optimism regarding the company's business and profitability [3] - The Zacks Rank system, which incorporates estimate changes, provides a functional rating system for stocks [4] Zacks Rank and Industry Performance - Roku currently holds a Zacks Rank of 2 (Buy), with the consensus EPS estimate having increased by 0.72% over the last 30 days [5] - The Broadcast Radio and Television industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 62, placing it in the top 25% of over 250 industries [6]