Roku to Announce Fourth Quarter and Fiscal Year 2018 Financial Results on February 21, 2019 The company will host a live webcast of its conference call to discuss the results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time. Participants may access the live webcast in listen-only mode on the Roku investor relations website at https://ir.roku.com/. https://finance.yahoo.com/news/roku-announce-fourth-quarter-fiscal-210000722.html
It's probably going to require some consolidation in this area before making a run for $60's. Tried to start a run today but got sold back down to the 200MA, sitting at the upper BB, and being overbought this makes me think it's got to consolidate in this area for awhile before making another strong push higher.
ER AMC today. Roku Inc (ROKU) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, February 21, 2019. The consensus earnings estimate is $0.03 per share on revenue of $261.52 million and the Earnings Whisper ® number is $0.06 per share. Investor sentiment going into the company's earnings release has 83% expecting an earnings beat The company's guidance was for revenue of $255.00 million to $265.00 million. Consensus estimates are for earnings to decline year-over-year by 50.00% with revenue increasing by 38.91%. Short interest has increased by 111.7% since the company's last earnings release while the stock has drifted higher by 1.9% from its open following the earnings release to be 7.4% above its 200 day moving average of $48.51. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, January 28, 2019 there was some notable buying of 10,296 contracts of the $46.00 call expiring on Friday, July 19, 2019. Option traders are pricing in a 14.4% move on earnings and the stock has averaged a 23.6% move in recent quarters.
Shares of Roku surged 23% after the company reported a narrower-than-expected first-quarter loss. Roku reported a loss of 9 cents per share on revenues of $206.7 million, beating expectations of an expected loss of 25 cents per share and revenues of $191.9 million, according to Refinitiv.The company also estimates that 1 in 3 smart TVs sold in the U.S. during the first-quarter had a Roku operating system, pushing it to raise its guidance.
