Robinhood Markets Q4 EPS $0.03 Beats $(0.01) Estimate, Sales $471.00M Beat $456.81M Estimate
Portfolio Pulse from Happy Mohamed
Robinhood Markets (NASDAQ:HOOD) reported Q4 earnings of $0.03 per share, surpassing the $(0.01) estimate, marking a 115.79% increase from last year. Sales reached $471M, beating the $456.81M estimate, a 23.95% increase from the previous year.
February 13, 2024 | 9:06 pm
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Robinhood Markets reported a significant beat on both earnings and sales estimates for Q4, with earnings per share at $0.03 and sales at $471M.
Beating both earnings and sales estimates significantly, especially transitioning from a loss to a profit YOY, indicates strong financial health and operational efficiency. This performance is likely to instill investor confidence and could lead to a positive short-term price movement for HOOD.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100