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Robinhood Markets Inc expected to post a loss of 1 cent a share - Earnings Preview

Reuters02-10

* Robinhood Markets Inc is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2023

* The Menlo Park California-based company is expected to report a 20.2% increase in revenue to $456.814 million from $380 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Robinhood Markets Inc is for a loss of 1 cent per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 9 "hold" and 3 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Robinhood Markets Inc is $11.50​, below​ its last closing price of $11.55. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Sep. 30 2023 -0.10 -0.10 -0.09 Beat 9.5

Jun. 30 2023 -0.01 -0.01 0.03 Beat 309.8

Mar. 31 2023 -0.61 -0.61 -0.57 Beat 6.6​

Dec. 31 2022 -0.14 -0.14 -0.11 Beat 23.1

​​Sep. -0.32 -0.31 -0.20 Beat 36.3

30 2022

Jun. 30 2022 -0.39 -0.37 -0.32 Beat 13.1​

Mar. 31 2022 -0.35 -0.36 -0.45 Missed -25.5

Dec. 31 2021 -0.41 -0.45 -0.49 Missed -9.5

This summary was machine generated February 10 at 00:24 GMT. 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)

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