Which of these pandemic-era growth plays is still worth buying today?
There's a clear logic to the knee-jerk response. But there's also far more to the story.
Carnival, Norwegian Cruise Line and Roku are included in this Analyst Blog.
Roku, Inc. reported strong Q3 2024 results with revenues growing a crisp 16%. The stock is slumping due to weak guidance, though the company has a history of conservative guidance leading to big quarterly beats. Roku is cheap at 2x EV/S targets with the potential for upside growth due to new initiatives.
Why did Roku's stock crash despite strong earnings? Flimsy reasons behind the price drop could amount to a buying opportunity.
ROKU's third-quarter 2024 results benefit from consistent growth in streaming households and streaming hours on The Roku Channel.
Roku (ROKU) shares are tumbling 14% in premarket trading Thursday, a day after the company posted a disappointing fourth-quarter outlook and said it would stop issuing quarterly household streaming figures starting next year.
Roku, Inc. (NASDAQ:ROKU ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Conrad Grodd - Vice President, Investor Relations Anthony Wood - Founder, Chairman and Chief Executive Officer Dan Jedda - Chief Financial Officer Charlie Collier - President, Roku Media Conference Call Participants Cory Carpenter - JPMorgan Justin Patterson - KeyBanc Vasily Karasyov - Cannonball Research Ruplu Bhattacharya - Bank of America Jason Bazinet - Citi Peter Supino - Wolfe Research Steven Cahall - Wells Fargo Cameron McVeigh - Morgan Stanley Ian Peterson - Evercore ISI Operator Good day everyone and thank you for standing by. Welcome to the Third Quarter 2024 Roku Earnings Conference Call.
The headline numbers for Roku (ROKU) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Roku (ROKU) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $2.33 per share a year ago.
Roku Inc ROKU reported third-quarter financial results after the market close Wednesday.
Roku Inc.'s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.