JUMP REPORT
ROKU (ROKU)
EARNINGS RELEASE - AUGUST 5 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.50/share REV: 315.43/M
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LAST QTR: EPS: -.45/share ACTUAL: -.45/share (MISS)
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NEXT QTR: EPS: -.49/share REV: 341.76/M
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FULL YR: EPS: -1.68/share REV: 1,500/M
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BEAT/MISS RECORD: XX% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -9.57, 8.73, -17.57
EXPECTED JUMP MOVE THIS QUARTER: 10%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
Here are some of the biggest stories investors will be watching on Thursday, April 25, 2024. A slew of companies will report their quarterly results including Microsoft (MSFT), Alphabet (GOOG, GOOGL), and Southwest Airlines (LUV). On the economic data front, the highly anticipated preliminary read on first quarter GDP will be released. Economists are expecting that the US economy grew by 2.2% in the first three months of the year. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Streaming TV platform Roku (NASDAQ: ROKU) will be reporting results tomorrow after the bell. Here’s what you need to know.
Shares of streaming TV platform Roku (NASDAQ: ROKU) jumped 6.3% in the morning session after equities (Dow +0.8%, S&P 500 +1.2%, Nasdaq +1.6%) surged for the second straight day with the start of earnings season showing that the health of companies that reported Q1 earnings was solid and that the economy seems to be holding up. Only about a fifth of S&P 500 companies have reported, but roughly three-quarters of them have beat expectations. This may be spurring dip buying following elevated volat
Certain Wall Street analysts believe SoundHound AI and Roku are significantly undervalued.
There’s a big financial update coming from the streaming TV pioneer on Thursday afternoon.
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ANALYSIS:
We were surprised to see the trajectory models return a negative market reaction to the release news. This may be the stock is just over-bought with the fundamentals intact. We don’t see a miss here but a sell on the news outcome.
We are biased SHORT on this event
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OUR TRADE PLAN:
ENTRY: SELL
STOP LOSS: N/A
INITIAL PROFIT TARGET: 10-12%
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TRADE ASSIST: N/A
POST RELEASE ACTION:
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There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Members who are too busy to manual trade can use Trade Assist. For more information visit here
Avg Daily Volume: 10,621,768 Market Cap: 18.07B
Sector: None Short Interest: 10.96
Ticker delayed 20 minutes
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