Reuters / Brendan McDermid
- Roku is scheduled to report first quarter earnings after the closing bell Wednesday.
- Analysts expect the streaming device maker to post an adjusted loss of $0.15 per share on revenues of $127.43 million.
- Follow Roku's stock price in real-time here.
Roku is scheduled to report earnings for the first three months of 2018 after Wednesday's closing bell.
Here's what Wall Street analysts polled by Bloomberg are expecting from the streaming device maker:
- Earnings per share (adjusted): $0.15
- Revenue: $127.43 million
Investors will be paying close attention to the company's subscriber numbers as it competes with Apple, Amazon, Google, and Netflix for its share of the over-the-top (OTT) streaming segment. Advertising revenue is expected to make up more than half of Roku's revenue in 2018, a threshold it's never exceeded before on a full-year basis, according to Bloomberg.
Shares rose more than 7% in regular trading Wednesday ahead of the earnings report.
Historically, the stock has moved a full 32% following quarterly earnings. However, options contracts imply a move of just 12% this time around.
Check back here after the closing bell for the full report.