For the quarter ended March 2023, Robinhood Markets, Inc. (HOOD) reported income of $441 million, down 15.5% over the identical interval final 12 months. EPS got here in at -$0.57, in comparison with $0.21 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $430.04 million, representing a shock of +2.55%. The corporate delivered an EPS shock of +6.56%, with the consensus EPS estimate being -$0.61.
Whereas buyers carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher challenge a inventory’s value efficiency.
Right here is how Robinhood Markets, Inc. carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Revenues- Transaction-based – Choices: $133 million versus the three-analyst common estimate of $138.68 million.
- Revenues- Transaction-based – Equities: $27 million in comparison with the $27.09 million common estimate based mostly on three analysts.
- Revenues- Transaction-based – Cryptocurrencies: $38 million versus $46.35 million estimated by three analysts on common.
- Revenues- Transaction-based – Different: $9 million in comparison with the $3.39 million common estimate based mostly on three analysts.
- Revenues- Different revenues: $26 million versus $27.41 million estimated by three analysts on common.
- Revenues- Internet curiosity revenues – Securities lending, internet: $26 million in comparison with the $35.70 million common estimate based mostly on three analysts.
- Revenues- Internet curiosity revenues – Margin curiosity: $53 million in comparison with the $51.58 million common estimate based mostly on three analysts.
- Revenues- Internet curiosity revenues: $208 million versus the three-analyst common estimate of $194.23 million.
- Revenues- Transaction-based revenues: $207 million versus $215.50 million estimated by three analysts on common.
View all Key Company Metrics for Robinhood Markets, Inc. here>>>
Shares of Robinhood Markets, Inc. have returned -8.5% over the previous month versus the Zacks S&P 500 composite’s +0.4% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.
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