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
Shares of streaming TV platform Roku (NASDAQ: ROKU) jumped 3.3% in the afternoon session after the company announced it would update its financial reporting structure and introduced several updates to its streaming platform.
Roku, Inc. (NasdaqGS:ROKU) has begun rolling out a major software update that restores access to local broadcast TV during internet outages on Roku TVs. The update allows users to watch over the air channels via antenna even when home broadband or Wi Fi service is down. This change follows a period of widespread user frustration after prior software behavior limited local channel access without an active internet connection. For Roku, which operates both a TV operating system and a…
Roku (ROKU) is in focus after a busy stretch of product and content moves, including an exclusive Banana Ball Championship League streaming deal, a Laguna Beach reunion special, and upgrades to its Roku City screensaver. See our latest analysis for Roku. Roku’s share price has climbed recently, with a 7 day share price return of 5.21% and 1 month share price return of 12.73%. However, the 90 day share price return of 6.51% and year to date share price return of 4.97% point to fading momentum…
ROKU stands out against GOOGL as CTV ad growth, strong platform gains and a cheaper valuation make it the more compelling stock now.
Alphabet, Roku and FuboTV ride on the streaming boom as ad growth, sports content, and global expansion reshape digital viewing and monetization.
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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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