Gaming company Roblox Corporation (NYSE:RBLX) could provide more details on some of its viral hit games and its monetization efforts, along with newly announced AI tools when the company reports fourth-quarter financial results Thursday after market close.
• Roblox stock is trading near recent lows. What’s the outlook for RBLX shares?
Here are the earnings estimates, what analysts are saying ahead of the report and key items to watch.
Roblox Q4 Earnings Estimates
Analysts expect Roblox to report fourth-quarter revenue of $2.08 billion, up from $1.36 billion in last year’s fourth quarter, according to data from Benzinga Pro.
The company has beaten analyst estimates for revenue in three straight quarters and in seven of the past 10 quarters overall.
Analysts expect Roblox to report a loss of 48 cents per share, compared to a loss of 33 cents per share in last year’s fourth quarter.
The company has beaten analyst estimates for earnings per share in eight of the last 10 quarters, including the most recently reported third quarter.
Roblox Analyst Ratings and Price Targets
Analysts have been lowering their price targets on Roblox ahead of the earnings report.
One analyst who remains bullish on Roblox is B. Riley Securities analyst Drew Crum. The analyst initiated coverage on Roblox with a Buy rating and a price target …