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Robinhood Likely To Report Higher Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Robinhood Markets, Inc. (NASDAQ:HOOD) is set to release earnings results for its second quarter, before the opening bell on Aug. 7, 2024.
Analysts expect the Menlo Park, California-based company to report quarterly earnings at 15 cents per share, up from 3 cents per share in the year-ago period. Robinhood is projected to report quarterly revenue of $643.34 million, according to data from Benzinga Pro.
On Monday, Robinhood announced the suspension of its 24-hour trading service due to a problem at its third-party execution venue.
Robinhood shares gained 4.8% to close at $17.21 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst ...