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Robinhood (HOOD) Tops Q4 EPS by 4c, Beats on Revenue; Offers Guidance

February 13, 2024 4:05 PM

Robinhood (NASDAQ: HOOD) reported Q4 EPS of $0.03, $0.04 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $471 million versus the consensus estimate of $456.33 million.

Our 2024 expense plan includes growth investments in new products, features, and international expansion while also getting more efficient in our existing businesses. Taken together, we expect both GAAP total operating expenses and Non-GAAP combined Adjusted Operating Expenses and SBC for full-year 2024 to be in the range of $1.85 billion to $1.95 billion.

For earnings history and earnings-related data on Robinhood (HOOD) click here.

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