Roku Inc reports results for the quarter ended December 31 - Earnings Summary

• Roku Inc ROKU.OQ reported a quarterly adjusted loss of 24 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -55 cents. The mean expectation of twenty five analysts for the quarter was for a loss of 40 cents per share. Wall Street expected results to range from -64 cents to -22 cents per share.

• Revenue rose 22% to $1.20 billion from a year ago; analysts expected $1.15 billion.

• Roku Inc's reported EPS for the quarter was a loss of 24 cents​.

• The company reported a quarterly loss of $35.55 million.

• Roku Inc shares had risen by 14.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 14 "strong buy" or "buy," 17 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the entertainment production peer group is also "hold"

Wall Street's median 12-month price target for Roku Inc is $84.55

This summary was machine generated from LSEG data February 14 at 01:00 a.m. UTC. ​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)