Roblox (RBLX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Roblox reported $1.13 billion in revenue for Q3 2024, a year-over-year increase of 34.4% [1] - The EPS for the same period was -$0.37, an improvement from -$0.45 a year ago [1] - Revenue exceeded the Zacks Consensus Estimate by 10.18%, which was $1.02 billion [1] - The EPS surprise was +2.63% compared to the consensus estimate of -$0.38 [1] Key Metrics - Bookings for Roblox were $1.13 billion, surpassing the nine-analyst average estimate of $1.02 billion [3] - Daily Active Users (DAUs) reached 88.9 million, exceeding the six-analyst average estimate of 84.56 million [3] - Total Hours Engaged amounted to 20.7 billion, compared to the five-analyst average estimate of 19.37 billion [3] Stock Performance - Roblox shares have returned -0.6% over the past month, while the Zacks S&P 500 composite increased by 1% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential outperformance against the broader market in the near term [3]