Roblox Q3 EPS $(0.45), Bookings $839.45M
Portfolio Pulse from Benzinga Newsdesk
Roblox (NYSE:RBLX) reported Q3 losses of $(0.45) per share, beating the analyst consensus estimate of $(0.51) by 11.76%. This is a 10% increase over losses from the same period last year. However, the company's quarterly sales of $713.20 million missed the analyst consensus estimate of $829.49 million by 14.02%, marking a 4.34% decrease from last year's sales.
November 08, 2023 | 1:02 pm
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Roblox's Q3 earnings beat estimates but sales missed, indicating mixed performance.
Roblox's Q3 earnings beat analyst estimates, which could positively impact the stock. However, the company's sales missed estimates, which could negatively impact the stock. The mixed results make the overall impact on the stock uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100