{"id":75257,"date":"2022-11-07T19:07:00","date_gmt":"2022-11-07T15:07:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=75257"},"modified":"2022-11-07T23:24:45","modified_gmt":"2022-11-07T19:24:45","slug":"roblox-stock-fell-5-before-earnings-for-this-reason","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/roblox-stock-fell-5-before-earnings-for-this-reason\/11\/07\/market-updates\/","title":{"rendered":"Roblox Stock Fell 5% Before Earnings For This Reason"},"content":{"rendered":"\n<p>Roblox is expected to report earnings on Wednesday, and investors are getting ready for foreseen disappointment.<br><br>Roblox warned investors last month that bookings were down roughly 7% to 10% per user in September. In the case of Roblox, &#8220;bookings&#8221; basically means customer purchases of Robux virtual currency, to spend later in the game at which point these bookings become revenues.<br><br>Sales are expected to be up single digits, but earnings could be down double digits. Shares of online video game platform fell by 5.1% in early trading Monday, as of 10:20 a.m. ET, as investors hedge their bets against a potential earnings disappointment later this week.<br><br>Roblox shares, which have been up and down all year, have been down more often than up in the run-up to earnings, falling 15% since hitting their most recent high two weeks ago. They&#8217;re also down 47% over the past 52 weeks. Q3 is widely thought of as hard time for Roblox. <br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Roblox is expected to report earnings on Wednesday, and investors are getting ready for foreseen disappointment.Roblox warned investors last month that bookings were down roughly 7% to 10% per user in September. In the case of Roblox, &#8220;bookings&#8221; basically means customer purchases of Robux virtual currency, to spend later in the game at which point &hellip;<\/p>\n","protected":false},"author":13,"featured_media":69859,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7113,9541,9901],"class_list":["post-75257","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-earnings","tag-revenues","tag-roblox"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=75257"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75257\/revisions"}],"predecessor-version":[{"id":75262,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75257\/revisions\/75262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/69859"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=75257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=75257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=75257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}