Robinhood Markets shares have returned +19% over the past month, outpacing the Zacks S&P 500 composite's +1.3% gain while the Zacks Financial - Investment Bank industry lost 1.7%. For the current quarter, Robinhood is expected to post earnings of $0.53 per share, a change of -13.1% from the year-ago quarter, though the Zacks Consensus Estimate has risen +7.8% over the last 30 days. The consensus earnings estimate of $2.15 for the current fiscal year indicates a year-over-year change of +4.9%, and the $2.86 estimate for the next fiscal year points to a change of +32.9%. Consensus sales estimates stand at $1.38 billion for the current quarter, $5.23 billion for the current fiscal year, and $6.62 billion for the next fiscal year, indicating changes of +8.2%, +17%, and +26.6%, respectively. Robinhood reported revenues of $1.31 billion in the last reported quarter, a year-over-year change of +32.3%, with EPS of $0.62 versus $0.42 a year ago, and carries a Zacks Rank #3 (Hold) and a Zacks Value Style Score of F.
Robinhood Markets IncAnalysts raised Robinhood's earnings estimates, with the consensus estimate up 7.8% over the last 30 days and shares jumping 19%.
