Robinhood Markets: Q1 Earnings Insights

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Robinhood Markets 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.

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Posted In: EarningsBZI-Recaps
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