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Robinhood Markets Q3 2023 Earnings Report

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$51.60 -4.46 (-7.96%)
As of 02/21/2025 04:00 PM Eastern

Robinhood Markets EPS Results

Actual EPS
-$0.09
Consensus EPS
-$0.10
Beat/Miss
Beat by +$0.01
One Year Ago EPS
-$0.20

Robinhood Markets Revenue Results

Actual Revenue
$467.00 million
Expected Revenue
$479.51 million
Beat/Miss
Missed by -$12.51 million
YoY Revenue Growth
+29.40%

Robinhood Markets Announcement Details

Quarter
Q3 2023
Time
After Market Closes

Conference Call Resources

Robinhood Markets Earnings Headlines

Robinhood Markets (NASDAQ:HOOD) Stock Price Down 0.2% on Insider Selling
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Robinhood Markets (NASDAQ:HOOD) Trading Down 0.5% After Insider Selling
Robinhood price target raised to $65 from $55 at BofA
See More Robinhood Markets Headlines
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About Robinhood Markets

Robinhood Markets (NASDAQ:HOOD) operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services. It also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors.; Learn, which is an online collection of beginners' guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

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