Robinhood Markets, Inc. (HOOD) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.03 per share a year ago.
These latest earnings show that Robinhood benefited from the recent crypto bull run, and it could encourage Robinhood to push farther into crypto.
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.