Roblox Corp RBLX shares are trading lower by 4.82% at $23.42. Traders and investors are watching for the company’s first-quarter earnings report, confirmed for Tuesday’s after-hours session.
According to analyst consensus estimates, Roblox is expected to report an EPS loss of 22 cents on revenue of $639.46 million. The company last quarter missed both EPS estimates and revenue estimates by 78.57% and 25.48% respectively.
See Also: Why Plug Power Stock Is Trading Lower
Roblox operates an online video game platform.
According to data from Benzinga Pro, Roblox has a 52-week high of $141.60 and a 52-week low of $21.65.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.