The company expects robust growth in the age demographics between 13-to-16-year-olds and 17-to-24-year-olds in first-quarter 2022. The to-be-reported quarter’s performance is expected to have benefited from strong engagement hours growth. Hours engaged rose 21% year over year, reaching 3.8 million in February 2022. In the fourth quarter of 2021, hours engaged were 10.8 billion, up 28% year over year. With people getting back to normal school and work life, the company expects a sequential decline in DAUs in the to-be-reported quarter. Roblox reported 28% year-over-year growth in its DAUs, reaching 55.1 million in February 2022. In fourth-quarter 2021, the average daily active users (DAU) reached 49.5 million, up 33% year over year. Roblox’s first-quarter performance is expected to have benefited from consumer onboarding, developer growth and a year-over-year rise in user engagement. Roblox Corporation price-eps-surprise | Roblox Corporation Quote Factors to Consider Roblox Corporation Price and EPS Surprise Let’s see how things have shaped prior to this announcement. The consensus for loss has remained unchanged in the past 30 days and is currently pegged at a loss of 23 cents per share. The Zacks Consensus Estimate for revenues is pegged at $641.12 million, indicating a decline of 1.71% from the year-ago quarter’s levels. Roblox RBLX is set to report first-quarter 2022 results on May 11.
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