Live sports and TV streaming service fuboTV (NYSE:FUBO) will be reporting results tomorrow before market open. Here's what to look for.

fuboTV beat analysts' revenue expectations by 3.1% last quarter, reporting revenues of $410.2 million, up 28.5% year on year. It was a strong quarter for the company, with a decent beat of analysts' revenue and earnings estimates.

Is fuboTV a buy or sell going into earnings? Read our full analysis here, it's free.

This quarter, analysts are expecting fuboTV's revenue to grow 17.5% year on year to $381.3 million, slowing from the 33.9% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.15 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. fuboTV has missed Wall Street's revenue estimates twice over the last two years.

Looking at fuboTV's peers in the consumer discretionary segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Scholastic posted flat year-on-year revenue, missing analysts' expectations by 1.7%, and Royal Caribbean reported revenues up 29.2%, topping estimates by 1%. Scholastic traded up 1.7% following the results while Royal Caribbean was also up 2.8%.

Read our full analysis of Scholastic's results here and Royal Caribbean's results here.

Growth stocks have seen elevated volatility as investors debate the Fed's monetary policy, and while some of the consumer discretionary stocks have fared somewhat better, they have not been spared, with share prices down 6.1% on average over the last month. fuboTV is down 5.1% during the same time and is heading into earnings with an average analyst price target of $3 (compared to the current share price of $1.48).

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