'As good as gold': Robinhood (HOOD) shares rise as Q1 top and bottom lines beat estimates

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Robinhood Markets (HOOD) PT Raised to $16 at JPMorgan

May 9, 2024 12:01 PM EDT

JPMorgan analyst Kenneth B. Worthington raised the price target on Robinhood Markets (NASDAQ: HOOD) to $16.00 (from $12.00) while maintaining a Underweight rating.

The analyst comments "Robinhood reported 1Q24 adj EPS of $0.18 vs. street expectations of $0.06. Adj. EBITDA came in at $247mn, well ahead... More

Robinhood (HOOD) Q1 Revenue Tops Consensus

May 8, 2024 4:07 PM EDT

Robinhood (NASDAQ: HOOD) reported Q1 EPS of $0.18, $0.13 better than the analyst estimate of $0.05. Revenue for the quarter came in at $618 million versus the consensus estimate of $543.14 million.

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

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