Roku(ROKU) ZACKS·2024-07-23 23:05Company Overview - The video streaming company is projected to report earnings of -3.92 billion for the annual period, reflecting increases of +61.28% and +12.46% respectively from the previous year [1] - The company’s shares have increased by 13.96% over the last month, outperforming the Consumer Discretionary sector's loss of 1.18% and the S&P 500's gain of 1.96% [2] Analyst Projections - Investors are advised to monitor recent shifts in analyst projections for the company, as these revisions indicate changing near-term business trends and a favorable outlook on business health and profitability [3] - The consensus EPS projection has remained stagnant over the past 30 days, with the company currently holding a Zacks Rank of 3 (Hold) [4] Market Performance - In the latest market close, the company's stock price reached 0.45, indicating a growth of 40.79% compared to the same quarter last year, and revenue expected to be $935.29 million, showing a 10.4% increase year-over-year [7] Industry Context - The Broadcast Radio and Television industry, which includes the company, is part of the Consumer Discretionary sector and currently holds a Zacks Industry Rank of 100, placing it in the top 40% of over 250 industries [9]