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Roblox Q1 Earnings Preview: Analyst Estimates, Advertising Growth, Key Items To Watch

Benzinga ·  May 9 01:47

Gaming companyRoblox Corp.(NYSE:RBLX) will report first-quarter financial results before market open onMay 9, 2024.

Here are the earnings estimates, what analysts are saying and key items to watch.

Earnings Estimates:Analysts expect Roblox to report first-quarter bookings of $922.98 million according to estimates from Benzinga Pro.

The company reported bookings of $773.8 million in last year's first quarter. Bookings of $1.13 billion in the fourth quarter were a company record. Roblox has beaten analysts' estimates for bookings in four of the last five quarters.

Analysts expect Roblox to report a loss of 53 cents per share in the first...

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