Robinhood Markets: Q3 Earnings Insights

Robinhood Markets HOOD reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Robinhood Markets beat estimated earnings by 10.0%, reporting an EPS of $-0.09 versus an estimate of $-0.1.

Revenue was up $106.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 7.23% drop in the share price the next day.

Here's a look at Robinhood Markets's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.02 -0.61 -0.14 -0.31
EPS Actual 0.03 -0.57 -0.19 -0.20
Revenue Estimate 475.02M 424.53M 397.10M 355.27M
Revenue Actual 486.00M 441.00M 380.00M 361.00M

To track all earnings releases for Robinhood Markets visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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