Robinhood Markets is set to report its highest quarterly revenue since the 2021 meme stock frenzy, with expectations for significant growth in its upcoming earnings release on May 8, 2024. Analysts anticipate a revenue of approximately $548.61 million, marking a 24.4% increase from the previous year. The trading platform's earnings are bolstered by higher interest rates and increased cryptocurrency trading activity. Additionally, Robinhood's adjusted earnings per share (EPS) are projected at $0.06, with an implied one-day stock price move of about 12.3%. Historical revenue data shows a steady recovery, with quarterly revenues rising from $365 million in Q3 2021 to $471 million in Q4 2023. The company also reported a net income of $157 million, a significant recovery from a net loss the previous year, with an EPS of $0.18. Robinhood not only beat earnings expectations by $0.12 but also provided a financial outlook for FY24.