You can see the complete list of today’s Zacks #1 Rank stocks here.ĬROX is up 32.4% in the past year against the Zacks Textile – Apparel industry’s decline of 4.1% and the Consumer Discretionary sector’s fall of 20% in the past year.Ĭedar Fair FUN has an Earnings ESP of +6.02% and a Zacks Rank #1. The company is set to announce fourth-quarter fiscal 2021 results on Feb 16.

Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat in their upcoming releases:Ĭrocs CROX has an Earnings ESP of 0.00% and a Zacks Rank #1.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Roblox has an Earnings ESP of +19.23% and a Zacks Rank #3 (Hold). What Our Model SaysĪccording to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. The to-be-reported quarter’s performance is expected to have benefited from robust growth in daily active users. Roblox reported 54% growth in its user base, reaching 50 million, as of November 2021, from 32.6 million.

Roblox also reported a 43% year-over-year growth in daily active users during the first 27 days of October 2021. The game was offline for three days between Oct 28 and Oct 31. Average bookings per DAU (ABPDAU) were $13.49, reflecting a 1.75% decline year over year. In third-quarter 2021, the average daily active users (DAU) reached 47.3 million, up 31% year over year. Users spend Robux on experiences and items for their avatars, while developers and creators earn Robux by building experiences and items for users.Īs measured on Jan 1, 2022, the median user on Roblox visited 40 unique experiences over the course of 2021. The company is expected to have benefited from the strong cash flow generated from Robux sales. The Roblox developer community has been focused on tackling this expanding market with a robust content portfolio, updates and more innovative experiences featuring visuals and effects. The company’s fastest-growing demographic is between 17-to 24-year-olds. This is expected to have driven sales of Robux, the currency used in Roblox, thereby aiding the top line. Roblox’s fourth-quarter performance is expected to have benefited from growth in the company’s community of users and developers.

Roblox stock forecast 2021