Dan Dolev, Mizuho Americas senior analyst, joins 'Closing Bell Overtime' to talk Robinhood earnings.
Robinhood Markets (HOOD 4.82%), a prominent fintech platform known for commission-free trading, recently announced a remarkable earnings report for the fourth quarter of 2024. On February 12, the company reported earnings per share (EPS) of $1.01, vastly surpassing expectations of $0.42.
Trading platform Robinhood reported a surge in fourth-quarter profit on Wednesday, fueled by frenetic activity in equity and crypto markets following Donald Trump's presidential election victory.
Does Robinhood Markets, Inc. (HOOD) have what it takes to be a top stock pick for momentum investors? Let's find out.
Robinhood Markets Inc HOOD will report its fourth-quarter earnings on Wednesday. Wall Street expects 43 cents in EPS and $944.62 million in revenues as the company reports after market hours.
Robinhood Markets, Inc. HOOD will release its fourth-quarter financial results, after the closing bell, on Wednesday, Feb. 12, 2025.
Shares of Robinhood Markets HOOD touched a three-year high of $57.27 during yesterday's trading, a couple of days before the release of its fourth-quarter and full-year 2024 results. The company is scheduled to announce results tomorrow after market close.
Robinhood has surged 211% since my first article in May 2024, driven by strong whale accumulation. Recent product launches like a professional trading platform and Presidential election event contracts continue to build Robinhood's position as an all-around trading leader. Key metrics are promising: Assets under custody reached $194B (+106% YoY), and crypto trading volumes soared 529% MoM, driven by Bitcoin's ongoing rally.
Roughly one month into 2025, the stock market is off to a decent but far from spectacular start. As of this writing, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average are up 3.2%, 2%, and 5.6%, respectively.
Dan Dolev, Mizuho, joins 'Fast Money' to talk the appetite for sports betting on Robinhood.
Besides Wall Street's top -and-bottom-line estimates for Robinhood Markets (HOOD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Robinhood Markets, Inc. (HOOD) closed at $53.17 in the latest trading session, marking a -1.9% move from the prior day.