ROKU To Report Q3 Earnings: What's In Store For ROKU Stock?

Roku (NASDAQ: ROKU) is slated to report its third-quarter 2024 results on Oct. 30.

For the third quarter of 2024, ROKU expects total net revenues of $1.01 billion, total gross profit of roughly $440 million and adjusted EBITDA of $45 million.

The Zacks Consensus Estimate for third-quarter revenues is pegged at $1.02 billion, indicating growth of 11.52% from the figure reported in the year-ago quarter.

The consensus mark for fiscal third-quarter loss is pegged at 35 cents per share compared with the loss of $2.33 per share in the year-ago reported figure. The earnings estimate has remained unchanged over the past 30 days.

The company's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average earnings surprise being 24.87%.

Roku, Inc. Price And EPS Surprise

Let's see how things have shaped up for the upcoming announcement:

Factors To Consider Ahead Of Q3 Results

ROKU's ...