Robinhood Markets (HOOD) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
HOODRobinhood(HOOD) ZACKS·2024-08-09 02:31

Robinhood Markets, Inc. (HOOD) reported 682millioninrevenueforthequarterendedJune2024,representingayear−over−yearincreaseof40.3682 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 40.3%. EPS of 0.21 for the same period compares to 0.03ayearago.Thereportedrevenuerepresentsasurpriseof+8.050.03 a year ago.The reported revenue represents a surprise of +8.05% over the Zacks Consensus Estimate of 631.18 million. With the consensus EPS estimate being $0.15, the EPS surprise was +40.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...