- Robinhood crushed This autumn earnings, reporting $1.01 EPS vs. $0.42 anticipated and a 115% income surge to $1.01B.
- Crypto buying and selling income skyrocketed 700% to $358M, fueling Robinhood’s first-ever yearly revenue at $1.56 per share.
- HOOD inventory jumped over 10% after hours, with analysts anticipating 23% earnings progress in 2025 amid Bitcoin ETF hype.
Robinhood (HOOD) simply torched Wall Avenue expectations, delivering a blowout This autumn earnings report that despatched its inventory flying over 10% in prolonged buying and selling.
“This autumn was a record-breaking quarter that caps off a record-setting 12 months in 2024,” CFO Jason Warnick mentioned.
For the primary time, the disruptive on-line brokerage turned an annual revenue, bouncing again from 2023 losses in an enormous means.
Robinhood’s Jaw-Dropping Numbers
The fourth-quarter outcomes had been nothing wanting huge:
- Earnings per share (EPS): $1.01 (vs. $0.42 anticipated)
- Income: $1.01B (vs. $945.8M anticipated)
- Yr-over-year income progress: +115%
- Earnings exploded by 3,000% in comparison with final 12 months
After which there’s transaction-based income, which noticed insane positive aspects:
- Crypto buying and selling income: $358M (+700%)
- Choices buying and selling income: $222M (+83%)
- Equities income: $61M (+144%)
In the meantime, web curiosity income climbed 25% to $296M, boosting the corporate’s first-ever yearly revenue—$1.56 per share, crushing estimates of $0.95.
What’s Subsequent for Robinhood?
Trying forward, analysts anticipate Robinhood’s earnings to climb one other 23% in 2025. However the firm isn’t providing a transparent expense outlook simply but.
What’s driving the hype?
- Bitcoin ETFs & Trump’s pro-crypto stance
- A booming cryptocurrency market fueling extra trades
- Potential growth into sports activities betting, hinted at by a brand new Mizuho survey
- Its acquisition of TradePMR, a transfer that challenges Schwab & Constancy’s RIA enterprise
With crypto at all-time highs and inventory markets driving momentum, HOOD may maintain defying expectations.
Robinhood Inventory on Hearth—Breakout Coming?
Robinhood inventory jumped 5% throughout common buying and selling, then prolonged positive aspects over 10% in after-hours.
- It stays in a profit-taking zone, rebounding twice from its 10-week line.
- Relative power (RS) is trending greater, signaling outperformance vs. the S&P 500.
- No clear purchase level but, however momentum is robust.
In the meantime, Coinbase (COIN) dropped forward of its personal earnings report on Thursday, and Charles Schwab (SCHW) & CBOE World Markets (CBOE) are eyeing breakout factors.
The Takeaway? Robinhood Is Crushing It.
Robinhood simply posted one among its greatest earnings beats ever. Crypto buying and selling income exploded, income soared, and the corporate appears well-positioned for extra progress in 2025.
If Bitcoin & ETFs maintain climbing, Robinhood would possibly simply journey the wave even greater.