Robinhood (HOOD) Stock Dropped 12% on Disappointing Q1/22 Guidance
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Robinhood (HOOD) Misses Q4 EPS by 4c; Guides Lower
January 27, 2022 4:04 PM ESTRobinhood (NASDAQ: HOOD) reported Q4 EPS of ($0.49), $0.04 worse than the analyst estimate of ($0.45). Revenue for the quarter came in at $363 million versus the consensus estimate of $362.1 million.
GUIDANCE:
Robinhood sees Q1 2022 revenue of less than $340 million, versus the consensus of $448.2... More
Robinhood (HOOD) Reports Q4 Revenues of $363M, EPS of ($0.49)
January 27, 2022 4:03 PM ESTRobinhood Markets, Inc. (Robinhood) (NASDAQ: HOOD) today announced financial results for the fourth quarter and full year ended December 31, 2021.
Total net revenues for the quarter increased 14% to $363 million, compared with $318 million in the fourth quarter of 2020, and for the year increased 89% to $1.82 billion, compared with $959 million for the year ended December 31, 2020.Transaction-based revenues for the quarter increased 12% to $264 million, compared with $235 million in the fourth quarter of 2020, and for the year increased 95% to $1.40... More