These revisions help to show the ever-changing nature of near-term business trends. Investors should also note any recent changes to analyst estimates for Roblox. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $785.01 million, up 22.68% from the year-ago period.įor the full year, our Zacks Consensus Estimates are projecting earnings of -$1.82 per share and revenue of $3.44 billion, which would represent changes of -17.42% and +19.6%, respectively, from the prior year. The company is expected to report EPS of -$0.46, down 53.33% from the prior-year quarter. Investors will be hoping for strength from Roblox as it approaches its next earnings release, which is expected to be August 9, 2023. In that same time, the Consumer Discretionary sector gained 3.43%, while the S&P 500 gained 4.86%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq gained 0.61%.Ĭoming into today, shares of the online gaming platform had gained 0.87% in the past month. Its market cap neared $80 billion before peaking in November 2021.Roblox (RBLX) closed at $39.66 in the latest trading session, marking a +0.28% move from the prior day. The stock was blazing hot in 2021, after Roblox's direct listing in March. Roblox saw bookings swell more than 200% during the pandemic when kids were spending more time on their screens while they were stuck at home. The company said average bookings per daily active user was $15.29, down 2% year over year. Roblox reported a net loss of $143.3 million for the same period in 2021. The company reported a net loss of $289.9 million for the quarter, which ended Dec. Users spent more than 12.8 billion hours engaged in Roblox during the fourth quarter, up 18% year over year. Roblox reported 58.8 million average daily active users, up 19% from a year earlier. The company generates revenue from sales of its virtual currency called Robux, which players use to dress up their avatars and buy other premium features in the games. Roblox reported $770.1 million in bookings in the year-ago quarter. The revenue figure is what Roblox calls bookings, which include sales recognized during the quarter and deferred revenue. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |