Robinhood Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Robinhood Markets, Inc. (NASDAQ:HOOD) will release earnings results for the second quarter, after the closing bell on Wednesday, July 30.

Analysts expect the Menlo Park, California-based company to report quarterly earnings at 35 cents per share, up from 30 cents per share in the year-ago period. Robinhood projects to report quarterly revenue at $913.33 million, compared to $682 million a year earlier, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in two straight quarters and seven of the last 10 quarters overall.

Robinhood shares fell 3.2% to close at $103.32 on Tuesday.

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