Why Robinhood is departing from its roots — with a big bet on advanced traders
Online brokerage Robinhood Markets Inc. HOOD reported its Q2 earnings Wednesday evening, reporting $682 million in quarterly revenue and $188 million in net income to beat analyst expectations. That was a significant bump compared to the previous year, when the company reported $486 million in revenue and a net income of $25 million in the second quarter.
Is Robinhood Stock Still a Buy After Its Q2 Earnings Beat?
Robinhood stock is higher after the trading platform reported strong Q2 earnings results and analysts have been quick to chime in. Here's what they're saying.
Robinhood Is Doing 'Everything Right': Analysts Focus On New Products, Traders Taking Market Share From Competitors
Robinhood Markets HOOD is enjoying strong deposit growth and new products, analysts noted after second-quarter results.
Robinhood Stock Shows Why Shareholders Could Expect Higher Prices
Most market participants tend to overcomplicate the art of investing. Sometimes, it is as simple as finding a business with a somewhat strong moat (whether brand or product), strong and growing financials, and selling at a discount.
HOOD Stock Alert: 5 Reasons for Robinhood Investors to Feel Bullish After Q2 Results
Despite opening strong, Robinhood (NASDAQ: HOOD ) stock has dipped just slightly into the red this morning. Yesterday, after the market closed, the securities broker reported stronger-than-expected second-quarter results.
Robinhood (HOOD) Gains on Q2 Earnings Beat as Trading Surges
A robust improvement in cryptocurrency trading, higher rates and a rise in Gold subscribers support Robinhood's (HOOD) Q2 earnings.
Robinhood Surfs Meme Stock Wave With Retail Stocks and Crypto
On Monday (Aug. 5), the platform powering 24-7 trading for brokers like Robinhood went offline. The platform, Blue Ocean, is the infrastructure provider responsible for executing stock trades between traditional market off hours, those falling between 8 p.m.
Robinhood Markets, Inc. (HOOD) Surpasses Q2 Earnings and Revenue Estimates
Robinhood Markets, Inc. (HOOD) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.03 per share a year ago.
Robinhood Markets, Inc. (HOOD) Q2 2024 Earnings Call Transcript
Robinhood Markets, Inc. (NASDAQ:HOOD ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Chris Koegel - VP, Corporate FP&A and IR Vlad Tenev - CEO and Co-Founder Jason Warnick - CFO Conference Call Participants Dan Dolev - Mizuho Steven Chubak - Wolfe Research Craig Siegenthaler - Bank of America Devin Ryan - Citizens JMP Patrick Moley - Piper Sandler Kyle Voigt - KBW Mike Cyprys - Morgan Stanley John Todaro - Needham & Company Chris Allen - Citi Matthew O'Neill - FT Partners Ken Worthington - JPMorgan Benjamin Budish - Barclays Operator Thank you for standing by and welcome to Robinhood Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Robinhood shares higher as Q2 revenue and profits top estimates
Robinhood Markets Inc (NASDAQ:HOOD) has reported second quarter revenues and profits that exceeded Wall Street expectations, sending its shares more than 3% higher afterhours. Revenues were up 40% from the year-ago quarter to $682 million, ahead of the consensus estimate of $643.3 million.
Robinhood Q2 Earnings Highlights: Revenue Beat, EPS Beat, Crypto Revenue Up 161% Year-Over-Year, Gold Subscribers Hit 2 Million
Brokerage platform Robinhood Markets HOOD reported second-quarter financial results after the market close Wednesday.
Robinhood Likely To Report Higher Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Robinhood Markets, Inc. HOOD is set to release earnings results for its second quarter, before the opening bell on Aug. 7, 2024.
