Robinhood Markets (NASDAQ:HOOD) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Robinhood Markets beat estimated earnings by 6.56%, reporting an EPS of $-0.57 versus an estimate of $-0.61.
Revenue was up $142.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 3.72% drop in the share price the next day.
Here’s a look at Robinhood Markets’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.31 | -0.37 | -0.36 |
| EPS Actual | -0.19 | -0.20 | -0.34 | -0.45 |
| Revenue Estimate | 397.10M | 355.27M | 321.12M | 355.78M |
| Revenue Actual | 380.00M | 361.00M | 318.00M | 299.00M |
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.
