Robinhood Markets (NASDAQ: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.
