5 Earnings Reports You Don’t Want to Miss

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In this article, we discuss the 5 earnings reports you don’t want to miss. If you want to read our detailed analysis of these companies, go directly to the 10 Earnings Reports You Don’t Want to Miss.  

5. Roku, Inc. (NASDAQ:ROKU)

Number of Hedge Fund Holders: 43

Shares of Roku, Inc. (NASDAQ:ROKU) plunged over 26 percent on Friday, February 18, 2022, hitting a nearly 20-month low. The drop followed Roku’s weak fourth-quarter revenue and disappointing sales outlook for the first quarter.

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Roku, Inc. (NASDAQ:ROKU) reported adjusted earnings of 17 cents per share, beating expectations of 9 cents per share. On the downside, the quarterly revenue of $865.3 million missed analysts’ average estimate of $894.0 million.

Looking forward, Roku, Inc. (NASDAQ:ROKU) expects to generate revenue of approx. $720 million in the current quarter. However, the outlook is below the consensus of $748.5 million.

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