Revenue growth of 40.6%
Roku (ROKU) is scheduled to announce its first-quarter results on May 8. Analysts expect the company to post revenues of $192 million, a rise of 40.6% year-over-year compared to revenues of $136.6 million in the first quarter of 2018.
Roku’s sales are expected to grow 37% to $260 million in the first quarter of 2020. Roku is a high-growth company that provides a streaming provision for televisions.
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Earnings per share
While Roku’s sales are expected to rise over 40%, analysts expect the company’s non-GAAP EPS to fall by a significant 257% in the first quarter.
Roku has managed to beat analysts’ earnings estimates in each of the last four quarters. The company posted EPS of $0.05 in the fourth quarter, 67% higher than analysts’ estimate of $0.03. The company posted EPS of -$0.09 in the third quarter, 25% higher than the estimate of -$0.12.
As the above chart shows, Roku exceeded its earnings estimate of -$0.15 in the second quarter with reported earnings of $0.0. The company also beat analysts’ consensus earnings estimate of -$0.15 by 53% with EPS of -$0.07 in the first quarter of 2018.