Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • Nikkei

    40,369.44
    +201.37 (+0.50%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Bitcoin USD

    70,214.95
    -556.84 (-0.79%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • FTSE Bursa Malaysia

    1,536.07
    +5.47 (+0.36%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

Roblox (RBLX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Roblox (RBLX) reported $773.82 million in revenue for the quarter ended March 2023, representing a year-over-year increase of 22.6%. EPS of -$0.44 for the same period compares to -$0.27 a year ago.

The reported revenue represents a surprise of +1.19% over the Zacks Consensus Estimate of $764.74 million. With the consensus EPS estimate being -$0.42, the EPS surprise was -4.76%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

ADVERTISEMENT

Here is how Roblox performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Bookings: $773.82 million versus $761.16 million estimated by nine analysts on average.

  • Daily Active Users (DAUs): 66100 thousand versus 65343.84 thousand estimated by four analysts on average.

  • Daily Active Users (DAUs) - APAC: 14900 thousand compared to the 15241.33 thousand average estimate based on three analysts.

  • Daily Active Users (DAUs) - ROW: 17900 thousand compared to the 17038.79 thousand average estimate based on three analysts.

  • Daily Active Users (DAUs) - US & Canada: 14300 thousand compared to the 14569.67 thousand average estimate based on three analysts.

  • Total Hours Engaged: 14500 thousand compared to the 14307.86 thousand average estimate based on three analysts.

  • Daily Active Users (DAUs) - Europe: 19000 thousand versus the three-analyst average estimate of 18242 thousand.

View all Key Company Metrics for Roblox here>>>

Shares of Roblox have returned -21.4% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Roblox Corporation (RBLX) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research