The market expects Roblox (RBLX) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 7, 2024, might help the stock move higher if these key numbers are be ...

Investors are about to learn a lot more about Roblox's (RBLX -2.20%) momentum heading into 2024. The online gaming platform is due to report its fourth-quarter results on Feb. 7 in an announcement that will also feature management's official outlook for the new year, a first for the company.The stock has been volatile recently. Roblox shares are 69% below the all-time high they set when the pandemic was fueling fantastic growth for the company, but they surged 85% in the last two months of 2023 before givin ...

Do you want to get the latest gaming industry news straight to your inbox? Sign up for our daily and weekly newsletters here. Roblox launched its Creator Store, a new digital store for creators that replaces the previous Creator Marketplace.The user-generated content platform said the goal of the Creator Store is to foster an ecosystem where creators can safely exchange high-quality assets and solutions including models, plugins, meshes, images, fonts, audio, and video that accelerate creation on Roblox.Rob ...

Roblox (RBLX) ended the recent trading session at $40.78, demonstrating a +0.74% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.29%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq increased by 0.43%.Shares of the online gaming platform have depreciated by 11.94% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 0.69% and the S&P 500's gain of 2.08%.The investment community w ...

Roblox (RBLX) closed at $38.68 in the latest trading session, marking a -1.7% move from the prior day. This change lagged the S&P 500's daily loss of 0.56%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.59%.The online gaming platform's stock has dropped by 12.03% in the past month, falling short of the Consumer Discretionary sector's loss of 2.54% and the S&P 500's gain of 1.2%.The investment community will be paying close attention to the earnings performance of ...

SAN MATEO, Calif.--(BUSINESS WIRE)--Roblox Corporation (NYSE: RBLX) today announced that it will report the company’s fourth quarter and full year 2023 financial results before the opening of the U.S. markets on Wednesday, February 7, 2024. Roblox will host a conference call to answer questions regarding its financial results on the same date. Conference Call Details The conference call will begin at 5:30 am PT / 8:30 am ET on Wednesday, February 7, 2024. The live webcast of the conference call can be acc ...

There's no doubt about it, the rise of artificial intelligence (AI) stole the spotlight from the metaverse on Wall Street. But it would be a mistake to think of these two trends as being mutually exclusive.Some companies with the potential to score explosive wins in AI are also betting big on the future of the metaverse. If you're an investor seeking promising opportunities at the intersection of these influential trends, read on to see why Roblox (RBLX 0.40%) stands out as a top play.Roblox has a fantastic ...

The metaverse is here to stay, and no matter how difficult it is for companies to adapt it or make it usable, it is a tool that will contribute to our future and technology. Companies are developing incredible things and working tirelessly for the metaverse, here you have these three best metaverse stocks to take a look at.Snap (SNAP)     Source: BigTunaOnline / ShutterstockSnap (NYSE:SNAP) is making waves in the tech world with its popular platform, Snapchat. The company just reported its Q3 2023 financial ...

Fool.com contributor Parkev Tatevosian discusses why he thinks this artificial intelligence (AI) stock would make an excellent addition to your portfolio in 2024.*Stock prices used were the afternoon prices of Dec. 27, 2023. The video was published on Dec. 29, 2023. ...

Roblox Corporation (NYSE:RBLX) Q3 2023 Earnings Call Transcript November 8, 2023 8:30 AM ET Company Participants Stefanie Notaney - Director, Corporate and Financial David Baszucki - Co-Founder & CEO Michael Guthrie - CFO Conference Call Participants Jason Tilshin - Canaccord Genuity Bernard McTernan - Needham & Company Omar Dessouky - Bank of America Clark Lampen - BTIG Eric Handler - ROTH Capital Partners Brandon Ross - LightShed Partners Matthew Cost - Morgan Stanley Eric Sheridan - Goldman Sachs Operato ...