Robinhood Markets Q2 EPS $0.03 Beats $(0.02) Estimate, Sales $486.00M Beat $475.02M Estimate
Portfolio Pulse from Benzinga Newsdesk
Robinhood Markets (NASDAQ:HOOD) reported Q2 earnings of $0.03 per share, beating the analyst consensus estimate of $(0.02) by 250 percent. This is a 108.82 percent increase over losses of $(0.34) per share from the same period last year. The company also reported quarterly sales of $486.00 million, beating the analyst consensus estimate of $475.02 million by 2.31 percent, a 52.83 percent increase over sales of $318.00 million the same period last year.
August 04, 2023 | 12:06 pm
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Robinhood's Q2 earnings and sales beat estimates, indicating a strong financial performance.
Robinhood's Q2 earnings and sales exceeded analyst estimates, which is likely to be viewed positively by investors and could lead to an increase in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100