Roku stock gains on strong Q1 earnings beat

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Go back to Roku stock gains on strong Q1 earnings beat

Morgan Stanley remains bearish on Roku stock despite earnings beat

April 26, 2024 11:49 AM EDT

Morgan Stanley analysts remain bearish on Roku (NASDAQ: ROKU), maintaining an Underweight rating and $60 per share price target on the stock in a note Friday despite the company's topping earnings expectations.

The bank kept its bearish outlook on the company as its... More

Roku (ROKU) Tops Q1 EPS by 26c, Revenue Beats, Offers Guidance

April 25, 2024 4:31 PM EDT

Roku (NASDAQ: ROKU) reported Q1 EPS of ($0.35), $0.26 better than the analyst estimate of ($0.61). Revenue for the quarter came in at $882 million versus the consensus estimate of $845.73 million.

GUIDANCE:

Roku sees Q2 2024 revenue of $935 million, versus the consensus of $931.6 million.

For earnings history and earnings-related data on Roku (ROKU) click here.

... More