will roblox beat earnings

by Jaden Powlowski 4 min read
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The to-be-reported quarter’s performance is expected to have benefited from robust growth in daily active users.What Our Model SaysAccording to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.Roblox has an Earnings ESP of +19.23% and a Zacks Rank #3 (Hold).

Full Answer

How do you earn on Roblox?

GamesBeat

  • Newsletters, such as DeanBeat
  • The wonderful, educational, and fun speakers at our events
  • Networking opportunities
  • Special members-only interviews, chats, and "open office" events with GamesBeat staff
  • Chatting with community members, GamesBeat staff, and other guests in our Discord
  • And maybe even a fun prize or two
  • Introductions to like-minded parties

Can you make money with Roblox?

Roblox Studio is, like the game, free. Developers can make money through Roblox with its Developer Exchange program, or DevEx, which gives developers 25 percent of a game’s earnings. (Part of Roblox ’s justification for this split is its huge investment in infrastructure for these devs.)

How much did Roblox make?

  • Roblox generated $920 million revenue in 2020, a 111 percent increase year-on-year
  • Over 150 million people play Roblox once a month, and 33.4 million use it daily
  • Roblox paid $250 million to developers in 2020 as part of its Developer Exchange program
  • User spending peaked on Roblox in Q2 2020, with $319 million spent

How do you get paid on Roblox?

What is DevEx?/General Requirements

  • What is the Developer Exchange (DevEx) program? ...
  • What are the requirements? ...
  • How do I submit a DevEx request for review? ...
  • I am a first-time user, what happens after submitting a DevEx request? ...
  • What should I do if I am under 18 years old and would like to participate in the DevEx program? ...

More items...

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Did Roblox miss earnings?

Roblox RBLX +3.87% stock was sinking after the videogame firm missed Wall Street's expectations for first-quarter adjusted revenue and reported a wider-than-expected net loss. Roblox (ticker: RBLX) reported bookings, a form of adjusted revenue, of $631.2 million, which was down 3% from the first quarter of 2021.

Will Roblox earnings be good?

RBLX stock has a fair value of up to $60 assuming revenue growth slows steadily through 2025. In a bullish case, investors may set a higher revenue growth rate starting next year. By then, the company will have new tools on the platform.

Is Roblox doing well?

Roblox reported having 32.6 million daily active users at the end of 2020, up 85% from the year-ago period. Revenue jumped 82% in the year to $924 million.

Why are Roblox shares so low?

Investors lost confidence in Roblox (RBLX -3.64%) in the second month of 2022 after the company reported underwhelming revenue and user growth for the fourth quarter of 2021. According to data from S&P Global Market Intelligence, shares of the gaming platform dropped 21.7% in February.

Will RBLX recover?

A rebound in RBLX's shares is likely to happen in 2H 2022, when the company's bookings growth accelerate again benefiting from an easier base for comparison. But a recovery to the $70 price level is quite challenging considering the implied valuation multiples and the weakness in Roblox's US & Canada region.

Is RBLX a buy or sell?

Out of 15 analysts, 5 (33.33%) are recommending RBLX as a Strong Buy, 2 (13.33%) are recommending RBLX as a Buy, 6 (40%) are recommending RBLX as a Hold, 0 (0%) are recommending RBLX as a Sell, and 2 (13.33%) are recommending RBLX as a Strong Sell. What is RBLX's earnings growth forecast for 2022-2024?

Does Roblox have a future?

Roblox revenue growth peaked in Q1 2021 at 140%. Over the course of 2021, as the tailwinds from the pandemic began to die down, traders and short-term speculators increasingly began selling stocks that benefitted from the pandemic and the selling eventually caught up to Roblox in late 2021 moving into 2022.

Did Google bought Roblox?

Today at 3pm, internet search giant Google announced its aquistion of startup game studio Roblox for a purchase price of 380 million dollars. Roblox is an online building game for kids.

Is Roblox profitable 2022?

For 2022, revenues are expected to be in the range of $203 million to $207 million per month. Using an estimated revenue run rate of $200 million per month, the full year forecast is $2.4 billion. This implies a growth rate of 26% from 2021. Another, positive factor is its ability to generate positive free cash flow.

Is it too late to buy Roblox stock?

It's not too late to buy Roblox, but more price-conscious investors may want to keep it on their watchlist to see if market volatility brings a more attractive entry point.

Is Roblox declining in popularity?

Roblox is seeing slowing usage and declining popularity. The company is also beginning to see worsening profitability, which is never a good sign.

Is Roblox being shorted?

S3 Partners estimates Roblox's short interest at 31.74 million shares shorted, or 10% of shares available for trading.

When is Roblox's earnings date?

Roblox has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, August 15th, 2022 based off last...

Did Roblox beat their earnings estimates last quarter?

In the previous quarter, Roblox (NYSE:RBLX) missed the analysts' consensus estimate of ($0.22) by $0.05 with a reported earnings per share (EPS) of...

How can I listen to Roblox's earnings conference call?

The conference call for Roblox's latest earnings report can be listened to online. Listen to Conference Call

How can I read Roblox's conference call transcript?

The conference call transcript for Roblox's latest earnings report can be read online. Read Transcript

How can I view Roblox's earnings report?

Roblox's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Roblox generate each year?

Roblox (NYSE:RBLX) has a recorded annual revenue of $1.92 billion.

How much profit does Roblox generate each year?

Roblox (NYSE:RBLX) has a recorded net income of -$491.65 million. RBLX has generated -$0.90 earnings per share over the last four quarters.

What is Roblox's EPS forecast for next year?

Roblox's earnings are expected to decrease from ($1.06) per share to ($1.18) per share in the next year.

When will Roblox's next earnings report be released?

Roblox has confirmed that its next quarterly earnings report will be published on Monday, August 16th, 2021.

How much does Roblox make in 2021?

Roblox last released its quarterly earnings results on May 9th, 2021. The reported ($0.46) earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.59. The firm earned $387 million during the quarter, compared to the consensus estimate of $490.90 million. Its quarterly revenue was up 139.5% on a year-over-year basis. Roblox has generated $0.00 earnings per share over the last year. Roblox has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, August 9th, 2021 based off prior year's report dates.

What does the blue line on the earnings chart mean?

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

Can you listen to Roblox conference call online?

The conference call for Roblox's latest earnings report can be listened to online. Listen to Conference Call

Key Points

Wall Street is expecting fourth-quarter revenue to soar 148% year over year.

Key metrics

Investors should also focus on user engagement metrics. Last quarter, revenue bookings increased 28% to $637.8 million, average daily active users (DAUs) jumped 31% to 47.3 million, and hours engaged rose 28% to 11.2 billion.

Roblox Corporation Price, Consensus and EPS Surprise

Roblox Corporation price-consensus-eps-surprise-chart | Roblox Corporation Quote

Factors to Consider

Roblox’s fourth-quarter performance is expected to have benefited from growth in the company’s community of users and developers. This is expected to have driven sales of Robux, the currency used in Roblox, thereby aiding the top line. The company’s fastest-growing demographic is between 17-to 24-year-olds.

What Our Model Says

According to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Roblox has an Earnings ESP of +19.23% and a Zacks Rank #3 (Hold). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

What is the ticker symbol for Roblox?

Roblox trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBLX."

What is Roblox Corporation?

Roblox Corporation develops and operates an online entertainment platform. It offers Roblox Client, an application that allows users to explore 3D digital worlds; and Roblox Studio, a toolset that allows developers and creators to build, publish, and operate 3D experiences and other content. The company also provides Roblox Cloud, a solution that provides services and infrastructure to power the human co-experience platform. It serves customers in the United States, Canada, Europe, the Asia-Pacific, and internationally. Roblox Corporation was incorporated in 2004 and is based in San Mateo, California.

What is MarketBeat community rating?

MarketBeat's community ratings are surveys of what our community members think about Roblox and other stocks. Vote “Outperform” if you believe RBLX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RBLX will underperform the S&P 500 over the long term. You may vote once every thirty days.

When does Roblox lock up expire?

Roblox's lock-up period expires on Monday, September 6th. Roblox had issued 198,917,280 shares in its public offering on March 10th. The total size of the offering was $8,951,277,600 based on an initial share price of $45.00.

Does Roblox pay dividends?

Roblox does not currently pay a dividend.

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