![]() This industry currently has a Zacks Industry Rank of 82, which puts it in the top 33% of all 250+ industries. The Gaming industry is part of the Consumer Discretionary sector. Roblox is holding a Zacks Rank of #3 (Hold) right now. The Zacks Consensus EPS estimate remained stagnant within the past month. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). ![]() This model considers these estimate changes and provides a simple, actionable rating system. Investors can capitalize on this by using the Zacks Rank. Our research shows that these estimate changes are directly correlated with near-term stock prices. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Recent revisions tend to reflect the latest near-term business trends. Investors might also notice recent changes to analyst estimates for Roblox. These results would represent year-over-year changes of -17.42% and +19.6%, respectively. RBLX's full-year Zacks Consensus Estimates are calling for earnings of -$1.82 per share and revenue of $3.44 billion. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $785.01 million, up 22.68% from the year-ago period. The company is expected to report EPS of -$0.46, down 53.33% from the prior-year quarter. Roblox will be looking to display strength as it nears its next earnings release, which is expected to be August 9, 2023. ![]() Heading into today, shares of the online gaming platform had gained 9.03% over the past month, outpacing the Consumer Discretionary sector's gain of 1.19% and the S&P 500's gain of 3.39% in that time. ![]() Meanwhile, the Dow gained 0.31%, and the Nasdaq, a tech-heavy index, lost 7.84%. This change lagged the S&P 500's daily gain of 0.24%. ![]() Roblox ( RBLX Quick Quote RBLX - Free Report) closed the most recent trading day at $44.86, moving -1.49% from the previous trading session. ![]()
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