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Roblox (RBLX) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2023, Roblox (RBLX - Free Report) reported revenue of $780.69 million, up 22% over the same period last year. EPS came in at -$0.46, compared to -$0.30 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $785.01 million, representing a surprise of -0.55%. The company has not delivered EPS surprise, with the consensus EPS estimate being -$0.46.
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.
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: $780.69 million compared to the $783.83 million average estimate based on nine analysts.
Daily Active Users (DAUs): 65500 thousand compared to the 66537 thousand average estimate based on five analysts.
Daily Active Users (DAUs) - APAC: 15500 thousand versus the three-analyst average estimate of 14964.33 thousand.
Daily Active Users (DAUs) - ROW: 17700 thousand versus the three-analyst average estimate of 17793.67 thousand.
Daily Active Users (DAUs) - US & Canada: 14200 thousand versus the three-analyst average estimate of 14539.33 thousand.
Total Hours Engaged: 14000 thousand versus the three-analyst average estimate of 14654.36 thousand.
Daily Active Users (DAUs) - Europe: 18200 thousand versus the three-analyst average estimate of 18824.67 thousand.
Shares of Roblox have returned -13.5% over the past month versus the Zacks S&P 500 composite's +2.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Roblox (RBLX) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2023, Roblox (RBLX - Free Report) reported revenue of $780.69 million, up 22% over the same period last year. EPS came in at -$0.46, compared to -$0.30 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $785.01 million, representing a surprise of -0.55%. The company has not delivered EPS surprise, with the consensus EPS estimate being -$0.46.
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.
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: $780.69 million compared to the $783.83 million average estimate based on nine analysts.
- Daily Active Users (DAUs): 65500 thousand compared to the 66537 thousand average estimate based on five analysts.
- Daily Active Users (DAUs) - APAC: 15500 thousand versus the three-analyst average estimate of 14964.33 thousand.
- Daily Active Users (DAUs) - ROW: 17700 thousand versus the three-analyst average estimate of 17793.67 thousand.
- Daily Active Users (DAUs) - US & Canada: 14200 thousand versus the three-analyst average estimate of 14539.33 thousand.
- Total Hours Engaged: 14000 thousand versus the three-analyst average estimate of 14654.36 thousand.
- Daily Active Users (DAUs) - Europe: 18200 thousand versus the three-analyst average estimate of 18824.67 thousand.
View all Key Company Metrics for Roblox here>>>Shares of Roblox have returned -13.5% over the past month versus the Zacks S&P 500 composite's +2.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.