Roku (ROKU) Surges 5.7%: Is This an Indication of Further Gains? [Yahoo! Finance]
E.W. Scripps Company (The) - Class A (SSP)
Last e.w. scripps company (the) - class a earnings: 11/8 07:30 am
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Source: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 24.8% gain over the past four weeks. Shares of Roku jumped after Wolfe Research analyst upgraded the stock's recommendation from Peer Perform (Hold) to Outperform (Buy), with a price target of $93, citing an improved outlook for the company's sales growth and profitability. Programmatic advertising initiatives are expected to boost annual revenue growth into the mid-teens, leveraging Roku's increasingly fixed cost structure to generate meaningful free cash flow. This video streaming company is expected to post quarterly loss of $0.35 per share in its upcoming report, which represents a year-over-year change of +85%. Revenues are expected to be $1.01 billion, up 11.1% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that t
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