Can Growth in Active Accounts Aid Roku's (ROKU) Q4 Earnings?

LYV SHOO CHDN ROKU

Roku, Inc. (ROKU - Free Report) is set to report fourth-quarter 2018 results on Feb 21.

The company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, delivering average positive surprise of 85.4%. In the last reported quarter, the company’s adjusted loss of 9 cents per share was narrower than the Zacks Consensus Estimate of a loss of 13 cents.

Moreover, Roku’s top line beat the consensus mark in all the trailing four quarters. In third-quarter 2018, revenues came in at $173 million, beating the Zacks Consensus Estimate of $171 million and increasing 39% from the year-ago quarter.

The Zacks Consensus Estimate for fourth-quarter revenues is currently pegged at $261.5 million, which indicates year-over-year growth of 38.9%. Moreover, the consensus mark for earnings has been steady at 1 cent over the past seven days.

Roku, Inc. Price and EPS Surprise

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