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Robinhood Markets is poised to announce its highest quarterly revenue in nearly three years, driven by the resurgence in equity markets and cryptocurrencies. Analysts expect the revenue to reach $548.61 million, up 24.4% from the previous quarter. The implied one-day move is projected to be 12.3%. Wall Street anticipates an EPS of $0.12, a significant increase from the previous year's figure of -$0.57. The company's revenue has shown a consistent growth trajectory since going public.
Robinhood's $HOOD Revenue every quarter since going public Q3 2021: $365M Q4: $363M Q1 2022: $299M Q2: $318M Q3: $361M Q4: $380M Q1 2023: $441M Q2: $486M Q3: $467M Q4: $471M Q1 2024*: Find out today after the markets close ... I will update this on the @SavvyTrader account later…
Robinhood $HOOD reports earnings today after the markets close, Wall ST is expecting numbers of EPS of $0.12 up from -$0.57 in Q1 2023 Revenue of $555M up 25.9% YoY
ROBINHOOD EARNINGS COME OUT TODAY AFTER CLOSE EXPECTED NUMBERS REVENUE -> $548.61 MILLION ( UP 24.4% ) ADJ EPS -> $0.06 IMPLIED 1 DAY MOVE -> 12.3% $HOOD https://t.co/5sfAir8Yl8
