Roblox shares closed up 1.38% at $45.50, outpacing the S&P 500's 0.86% gain, while the Dow rose 0.98% and the Nasdaq added 0.96%. Ahead of the online gaming platform's upcoming earnings disclosure, the consensus estimate calls for an EPS of -$0.41, a 10.81% decline from the same quarter a year earlier, on revenue of $1.62 billion, down 15.85% year over year. For the full fiscal year, Zacks Consensus Estimates project earnings of -$1.55 per share and revenue of $6.88 billion, changes of -0.65% and +1.32% respectively from the prior year. The Zacks Consensus EPS estimate has moved 0.36% lower over the past month, and Roblox currently carries a Zacks Rank of #3 (Hold). The Gaming industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 189, placing it in the bottom 24% of more than 250 industries.
Roblox CorpShares rose 1.38% ahead of earnings; consensus estimates show EPS and revenue declines, with the EPS estimate revised 0.36% lower and a Zacks Rank #3 (Hold).
