Robinhood Markets Inc reports results for the quarter ended June 30 - Earnings Summary
Robinhood Markets Inc reports results for the quarter ended June 30 - Earnings Summary
Robinhood Markets Inc HOOD.OQ reported quarterly adjusted earnings of 48 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 38 cents to 57 cents per share.
Revenue rose 32.3% to $1.31 billion from a year ago; analysts expected $1.28 billion.
Robinhood Markets Inc's reported EPS for the quarter was 62 cents.
The company reported quarterly net income of $561 million.
Robinhood Markets Inc shares had fallen by 7.5% this quarter and lost 18.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2.1% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the financial technology (fintech) peer group is also "buy"
Wall Street's median 12-month price target for Robinhood Markets Inc is $127.50, about 27.2% above its last closing price of $92.76
This summary was machine generated from LSEG data July 29 at 10:33 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.44 | 0.48 | Beat |
Mar. 31 2026 | 0.43 | 0.38 | Missed |
Dec. 31 2025 | 0.63 | 0.66 | Beat |
Sep. 30 2025 | 0.53 | 0.61 | Beat |
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