Roblox Corp reports results for the quarter ended March 31 - Earnings Summary

• Roblox Corp RBLX.N reported a quarterly adjusted loss of 32 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -43 cents. The mean expectation of twenty one analysts for the quarter was for a loss of 40 cents per share. Wall Street expected results to range from -42 cents to -36 cents per share.

• Revenue rose 12.1% to $1.04 billion from a year ago; analysts expected $1.14 billion.

• Roblox Corp's reported EPS for the quarter was a loss of 32 cents​.

• The company reported a quarterly loss of $215.06 million.

• Roblox Corp shares had risen by 15.0% this quarter and gained 15.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 10 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Roblox Corp is $72.00

This summary was machine generated from LSEG data May 1 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)