Robinhood Markets (NASDAQ:HOOD) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Robinhood Markets beat estimated earnings by 8.11%, reporting an EPS of $-0.34 versus an estimate of $-0.37.
Revenue was down $247.33 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.09 which was followed by a 2.82% drop in the share price the next day.
Here’s a look at Robinhood Markets’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.36 | -0.45 | -1.36 | -0.15 |
| EPS Actual | -0.45 | -0.49 | -2.02 | 0.11 |
| Revenue Estimate | 355.78M | 362.14M | 431.27M | 521.84M |
| Revenue Actual | 299.00M | 362.71M | 364.92M | 565.33M |
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.
